Do you add state income taxes to alternative minimum tax net operating loss?
August 19, 2011
From: Deana
Date: Tue, 21 Apr 2009
When computing the AMT NOL, do you add back state income taxes?
Thanks
Deana
Answer
Date: 8 May 2009
Hello Deana,
Since the starting point for the alternative minimum tax net operating loss is alternative minimum taxable income, state income taxes should have already been added back.
Good luck!
Mike Gray
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