In response to
"IE: Make sure you have paid at least $7500 (in the case of EV) of tax. I probably should email our tax person and see if we need to do anything "
by
oblique
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Mostly right. I don’t know if they changed it here, but the prior credit was actually subject to the AMT floor, not the zero floor.
Posted by
znufrii
Aug 8 '22, 09:43
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So in order to claim the full amount you’d have to have a tax liability of $7500 greater than your calculated AMT.
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Responses:
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