Schedule P (100) - Alternative Minimum Tax And Credit Limitations - Corporations - 1998 Page 2

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Part II
Credits that Reduce Tax
1 Regular tax from Form 100, line 23; or Form 109, line 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
2 Tentative minimum tax (before credits) from Part I, line 17 (but not less than the minimum franchise tax, if applicable) . .
2
(a) Credit
(b) Credit
(c) Tax balance
(d) Credit
amount
used this
that may be
carryover
year
offset by
credits
Section A – Credits that reduce excess regular tax.
3 Subtract line 2 from line 1. If zero or less enter -0- and see instructions.
This is your excess regular tax which may be offset by credits . . . . . . . . .
3
A1 Credits that reduce excess regular tax and have no carryover provisions.
4 Code: 162 Prison inmate labor credit . . . . . . . . . . . . . . . . . . . . . . .
4
A2 Credits that reduce excess regular tax and have carryover provisions.
See instructions.
5 Code:
Credit Name:
5
6 Code:
Credit Name:
6
7 Code:
Credit Name:
7
8 Code:
Credit Name:
8
9 Code: 188 Credit for prior year alternative minimum tax from Part III, line 3 .
9
Section B – Credits that may reduce regular tax below
tentative minimum tax.
10 If Part II, line 3 is zero, enter the amount from line 1 minus the minimum
franchise tax. If line 3 is more than zero, enter the total of Part II, line 2,
minus the minimum franchise tax plus line 9, column (c). . . . . . . . . . . . .
10
B Credits that reduce net tax and have carryover provisions.
See instructions.
11 Code:
Credit Name:
11
12 Code:
Credit Name:
12
13 Code:
Credit Name:
13
14 Code:
Credit Name:
14
Section C – Credits that may reduce alternative minimum tax.
15 Enter your alternative minimum tax from Side 1, Part I, line 19 . . . . . . . . .
15
16 Code: 180 Solar energy credit carryover from Section B, column (d) . . . . .
16
17 Code: 181 Commercial solar energy credit carryover from
Section B, column (d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17
18 Adjusted AMT. Enter the balance from line 17, column (c) here and on
Form 100, line 30; or Form 109, Side 1, line 19 . . . . . . . . . . . . . . . . .
18
Part III Credit for Prior Year AMT
1 Enter the alternative minimum tax from the 1997 Schedule P (100), Part I, line 19. See instructions . . . . . . . . . . . .
1
2 Carryover of unused credit for prior year alternative minimum tax. See instructions. . . . . . . . . . . . . . . . . . . . . .
2
3 Total available credit. Add line 1 and line 2. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
P10098209
Side 2 Schedule P (100) 1998

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