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Dawson, inc Had regular tax due of $35,000 for tax year ending December 31, 2018....

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Accounting

Dawson, inc Had regular tax due of $35,000 for tax year ending December 31, 2018. It also had $60,000.00 of AMT credit carried forward from prior years and available in 2018. what is the amount of the AMT credit that can be claimed in 2018.

35,000

47,400

60,000

65,000

Answer & Explanation Solved by verified expert
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