Steve has a tentative general business credit of 85000 for, Ask an Expert

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Steve has a tentative general business credit of $85,000 for the current year. His net regular tax liability before the general business credit is $95,000, and his tentative minimum tax is $90,000. Compute Steve's allowable general business credit for the year.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M939500

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