Pocahontas, Inc. had the following results for its first two years of operation: 
Which of the following statements is true?
A) There is an AMT credit carryback from 2009 to 2008.
B) There is an AMT credit carryover from 2009 to 2010.
C) There is an AMT credit carryover from 2008 to 2009.
D) There is an AMT credit carryback from 2008 to 2007.
Correct Answer:
Verified
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