cred65 Posted March 9, 2009 Report Share Posted March 9, 2009 Client informs me that as part of TARP the tax bill pased last fall allows for any AMT paid prior to 2008 will be refunded, half in 2009 and balance in 2010. Quote Link to comment Share on other sites More sharing options...
TAXBILLY Posted March 9, 2009 Report Share Posted March 9, 2009 Latest info on AMT: http://www.fairmark.com/amt/ taxbilly Quote Link to comment Share on other sites More sharing options...
JRS Posted March 9, 2009 Report Share Posted March 9, 2009 and this website: http://agonist.org/raja/20081113/good_news_in_the_tarp Quote Link to comment Share on other sites More sharing options...
kcjenkins Posted March 10, 2009 Report Share Posted March 10, 2009 Here is a more direct link. http://www.fairmark.com/amt/credit-refundable.htm If you are not liable for AMT this year, but you paid AMT in one or more previous years, you may be eligible to take a special minimum tax credit against your regular tax this year. If eligible, you should complete and attach Form 8801 , Credit for Prior Year Minimum Tax - Individuals, Estates and Trusts. Quote Link to comment Share on other sites More sharing options...
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