Serenity's general business credit for the current year is $80,000. Her net income is $160,000,...
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Accounting
Serenity's general business credit for the current year is $80,000. Her net income is $160,000, the tentative minimum tax is $140,000, and her regular tax liability is $160,000. Serenity's general business credit is $20,000. The unused general business credit amount it $60,000. What can Serenity do with the unused General business credit?
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