All of a C corporation's AMT is available for carryover as a minimum tax credit regardless of whether the adjustments and preferences originate from timing differences or AMT exclusions.

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All of a C corporation's Alternative Minimum Tax (AMT) can be carried over as a minimum tax credit, irrespective of whether the adjustments and preferences come from timing differences or AMT exclusions. This is because the AMT credit is a dollar-for-dollar reduction in regular income tax liability. In other words, the credit can offset up to 100% of the tax liability in subsequent years.

All of a C Corporation's AMT Is Available for Carryover