Summary
Administrative mechanic allowing taxpayers to recover AMT (Alternative Minimum Tax) paid in prior years if regular tax in the current year exceeds AMT. Not a program incentive per se.
Benefit
- Percentage
- —
- Flat
- —
- Duration
- —
- Max annual
- — (taxpayer)
- Max total
- — (taxpayer)
- Carryforward
- —
Program metadata
- Distribution
- taxpayer_earned
- Claimant subject
- business
- Refund/transfer election
- none
- Program family
- —
- Effective
- —
- Sunset
- —
- Application deadline
- —
- Transfer discount
- —
Hard requirements (0)
None.
Preference / tiering rules (0)
None.
NAICS industries (0)
Any.
Geo zones (0)
Statewide / none specified.
Tags (2)
- is_administrative_mechanic: true
- notes: AMT recovery feature, not a business incentive program. May be operationally excluded.
Tax bases
- corporate_income_taxprimary
Source
Schedule P, Section A2 (AMT recovery mechanic)
Last verified: 2026-04-15
This is a structural tax-relief feature, not a business incentive program. Retained in seed for completeness per FTB Credit Table but may be operationally excluded.