The General Business Credit May Not Exceed the Net Income

question 114

Multiple Choice

The general business credit may not exceed the net income tax minus the greater of the tentative minimum tax or

• A)20% of the net regular tax liability above $20,000.
• B)25% of the net regular tax liability above $20,000.
• C)20% of the net regular tax liability above $25,000.
• D)25% of the net regular tax liability above $25,000.

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Definitions:

Xanax

A prescription medication used to treat anxiety and panic disorders, known generically as alprazolam.

Valium

A brand name for diazepam, a medication belonging to the benzodiazepine family, used to treat anxiety, muscle spasms, seizures, and other conditions.

Neurotransmitter Receptors

Proteins on the surface of neurons that bind to neurotransmitters, allowing for the transmission of signals across the synaptic gap.

Post-synaptic Neuron

This refers to the neuron that receives a signal (neurotransmitter) across the synaptic gap from a neuron that has fired (pre-synaptic neuron).