His net regular tax liability beforethe general business


Earl generated a tentative general business credit of$28,000 for the current year. His net regular tax liability beforethe general business credit is $95,000, and his tentative minimumtax is $82,000. Compute Earl's allowable general businesscredit for the year.

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Accounting Basics: His net regular tax liability beforethe general business
Reference No:- TGS0596853

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