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New Member
posted Sep 1, 2020 5:24:39 AM

What is alternative minimum tax it is giving me an error

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1 Replies
Level 15
Sep 2, 2020 7:22:15 AM

The  Minimum tax limits the tax advantage you can receive in a year from certain incentives. You have to pay minimum tax if it is more than the federal tax you calculate in the usual manner.

 

Here is where to find all your information from CRA.