What are the combined federal and state alternative minimum tax implications?

Jan 1, 2025 ... The Franchise or Income Tax Credit ... amortized amount may be offset against the claimant's franchise or income tax, including the alternative. Jan 21, 2025 ... Fuel tax credit information. Code D. Qualified rehabilitation ... tax preference items for purposes of alternative minimum tax (AMT). Sep 26, 2023 ... Box 15: This box reports alternative minimum tax (AMT) items. ... income, deductions, credits, and other tax-related information. Like ... Nov 4, 2024 ... If you make more than the AMT exemption amount, you need to calculate both your ordinary income tax and AMT and pay the higher of the two. With ... Feb 12, 2025 ... You do not have to include the alternative minimum tax NOL computation ... alternative fuels credit (Form IT-253); residential fuel oil storage ... ... tax credit transactions; Counsel to a Memorial Sloan Kettering Cancer Center ... alternative minimum tax (AMT) and non-AMT tranches; Advised Long Island ... A credit was added for investment in a nonprofit development corporation. (Repealed December 31, 2016 - 2017 session.) The alternative minimum tax (AMT) rate ... Nov 14, 2024 ... The CAMT imposes a 15% corporate alternative minimum tax on the adjusted financial statement income (AFSI) of certain large corporations for tax years ... Apr 23, 2024 ... Specific information regarding the 45L Tax Credit Per Unit through 2032 ... In some cases, loss situations and alternative minimum tax issues can ... ... information rather than management accounts or local tax information, income ... For example, the credit for deferred tax liabilities is capped at the minimum.