Roughly speaking, the credit amount is the difference between the AMT computed with and without the deferral item of preference. If you were unfortunate enough to have been affected by the alternative minimum tax (AMT) in a prior year, then you may have a carryover of an unused minimum tax credit.
Freebase(1.00 / 1 vote)Rate this definition: Vulgarity is the quality of being common, coarse, or unrefined. This judgement may refer to language, visual art, social classes, or social climbers.
vulgar often implies boorishness or ill-breeding. gross implies extreme coarseness and insensitiveness. obscene applies to anything strongly repulsive to the sense of decency and propriety especially in sexual matters. ribald applies to what is amusingly or picturesquely vulgar or irreverent or mildly indecent.ulgar often implies boorishness or ill-breeding. gross implies extreme coarseness and insensitiveness. obscene applies to anything strongly repulsive to the sense of decency and propriety especially in sexual matters. ribald applies to what is amusingly or picturesquely vulgar or irreverent or mildly indecent.