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Comment by psanford | Hacker News Reader
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psanford
·
You can claim the AMT credit in the future tax years.
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buck4roo
·
Correct me if I'm wrong, but I recall this AMT overpayment credit could only be used up at rate of $3k/year and only in years where you also owed AMT?
psanford
·
Here's the relevant code. It sounds like your understanding doesn't match the current rules (consult a tax professional):
https://www.law.cornell.edu/uscode/text/26/53
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