1.18- What is nonrefundable credit for prior year minimum tax?

The Prior-Year Minimum Tax Credit lets you get back money you paid as an 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.

Individuals, estates, and trusts use this form to figure:

• The minimum tax credit, if any, for alternative minimum tax (AMT) they incurred in prior tax years.

• Any credit carryforward to next year.

Form 8801PDF

Instructions for Form 8801 (Print VersionPDF)