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The Prior-Year Minimum Tax Credit lets you get back money you paid as an Alternative Minimum Tax (AMT) in a prior year. You can only claim this credit in a year when you don't have to pay AMT. You can't use the credit to reduce your AMT liability in the future. However, you can carry over any unused portion of the credit to future years.
Use Form 8801: Credit for Prior Year Minimum Tax for these purposes:
Deferral items include:
If you want to learn more, see Form 8801 at www.irs.gov.