3 ms·
My tax accounting is rusty but my understanding is that unused AMT credits carry forward indefinitely and become refundable after three years. Regular long-ter
by Boxbot 11y ago
My tax accounting is rusty but my understanding is that unused AMT credits carry forward indefinitely and become refundable after three years. Regular long-term capital losses can also be carried forward indefinitely, offsetting capital gains and up to $3,000 of ordinary income per year.