The TCJA of 2017 repealed the corporate AMT provisions. However, any unused AMT credits a corporation had at that point in time were allowed to be used over four tax years, beginning in 2018. The 2020 Coronavirus Aid Relief and Economic Security Act (CARES Act) impacted the treatment of corporate AMT credit carryforwards. Using the Thomson Reuters Checkpoint™ online tax research database, search in “Federal Tax Updates” and prepare an outline describing the CARES Act changes to the corporate AMT credit carryforward. E-mail your outline to your instructor.