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.
exists and is an alternate of. Merge this question into. Split and merge into it. Answer by D4est. Confidence votes 40.5K. Considered vulgar, the word can represent either a slang word for a formed section of feces, or it is used to refer to a person who is obnoxious or contemptible.