Elijah, who is single, holds a $12,000 AMT credit available from year 1. For year 2, Elijah's
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4000 of thecredit can be used in 2016 An AMT credit can only be used to offset regulartax ...View the full answer
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Related Book For 
South Western Federal Taxation 2017 Comprehensive
ISBN: 9781305874169
40th Edition
Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young
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