Energy credits allowed for AMT for 2010 and 2011
Posted December 17th, 2010 by adminThe Unemployment Insurance Reauthorization and Job Creation Act of 2010 (HR 4853), passed by Congress on December 16, extends the reduction of alternative minimum tax (AMT) liability for nonrefundable personal credits, including the credit for nonbusiness energy property and the credit for residential energy efficient property, through 2011.
Tags: alternative, AMT, credit, energy, minimum, Tax matters
Filed under:Individual income tax, Tax matters