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What if I am not paying taxes or only paying Alternative Minimum Tax (AMT)?

April 26, 2017alternative AMT minimum paying tax taxes

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What if I am not paying taxes or only paying Alternative Minimum Tax (AMT)?

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Credits offset taxes paid or to be paid. The Enterprise Zone credit will offset 25% of the AMT and the rest of the credits do not impact AMT; however they can be carried forward 20 years.