Deep Dives25 min read
What is the 'credit for prior year minimum tax' (Form 8801)?
Start with one question: claim the credit now, carry it forward, or pause and escalate before you file. This article focuses on Form 8801 and the **credit for prior year minimum tax**. It is for individuals, estates, and trusts, and it covers the prior-year AMT credit plus any carryforward. The minimum tax credit is allowed only for AMT caused by deferral items.
form 8801alternative minimum tax creditamt+2 more
Read →