Credit for Prior Year Minimum Tax
GPTKB entity
Statements (16)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:tax_law
|
| gptkbp:administeredBy |
gptkb:Internal_Revenue_Service
|
| gptkbp:appliesTo |
individual taxpayers
corporate taxpayers |
| gptkbp:canBeCarriedBack |
no
|
| gptkbp:canBeCarriedForward |
yes
|
| gptkbp:citation |
Internal Revenue Code Section 53
|
| gptkbp:country |
gptkb:United_States
|
| gptkbp:eligibility |
must have paid AMT in a prior year
|
| https://www.w3.org/2000/01/rdf-schema#label |
Credit for Prior Year Minimum Tax
|
| gptkbp:introducedIn |
gptkb:Tax_Reform_Act_of_1986
|
| gptkbp:purpose |
to allow taxpayers to claim a credit for AMT paid in prior years
|
| gptkbp:relatedTo |
gptkb:Alternative_Minimum_Tax
|
| gptkbp:taxStatus |
Form 8801
|
| gptkbp:bfsParent |
gptkb:United_States_federal_income_tax
|
| gptkbp:bfsLayer |
7
|