In 2019, a Corporation with Unused Alternative Minimum Tax Credits

question 13

True/False

In 2019, a corporation with unused alternative minimum tax credits can offset them against its regular corporate income tax.

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Definitions:

Cell Reference

An identifier used in spreadsheet applications to specify the position of a cell within a worksheet, typically consisting of a column letter and row number.

Block Plus Pointer

A data structure technique that uses blocks for data storage and pointers to link and access those blocks.

Cancel Box

A GUI element, typically a button, that allows users to abort an operation or close a dialog window.

Clear All Button

A feature in software applications that allows users to remove all input or selected items with a single action, often found in forms or interfaces with multiple data entry fields.