3 ms·
You can claim the AMT credit in the future tax years.
by psanford 4y ago
You can claim the AMT credit in the future tax years.
- deleted 4y ago[deleted]
- buck4roo 4y agoCorrect me if I'm wrong, but I recall this AMT overpayment credit could only be used up at rate of $3k/year and only in years where you also owed AMT?
- psanford 4y agoHere's the relevant code. It sounds like your understanding doesn't match the current rules (consult a tax professional): https://www.law.cornell.edu/uscode/text/26/53 https://www.law.cornell.edu/uscode/text/26/53