Sentences with phrase «against alternative minimum»

Also, the full credit is allowed against the Alternative Minimum Tax.

Moving forward, certain small businesses ($ 50 million or less in gross receipts) can claim the credit directly against any alternative minimum tax (AMT) they are liable for.

The PATH Act now allows «eligible small businesses» to apply research credit claims against alternative minimum tax (AMT) and «qualified small businesses» to apply research credit claims against payroll tax when no income tax liability exists.

Not exact matches

If you borrowed against your home for some other purpose, the interest deduction isn't allowed under the alternative minimum tax.