Tax Facts

8573 / Are personal tax credits allowed to offset AMT liability?

Updated: October 02, 2024 at 02:30 PM


Several refundable tax credits, such as the earned income credit and the refundable portion of the child tax credit, are allowed as an offset against AMT liability. Other personal nonrefundable credits also allowed as an offset include:

  • Adoption tax credit

  • Child and dependent care credit

  • Nonrefundable portion of the child tax credit

  • Certain learning credits

  • Tax credit for IRAs and retirement plans

  • Energy saving credits1






[1].     IRC § 26(a)(2).


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