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Compute Adelyn allowable general business credit

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Reference no: EM132669594

Problem - Adelyn generated a tentative general business credit of $42,000 for the current year. Her net regular tax liability before the general business credit is $107,000, and her tentative minimum tax is $88,000. Compute Adelyn's allowable general business credit for the year.

Reference no: EM132669594

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