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I'm trying to check my understanding of the incentive programs. I live in Utah. Does the summary below look correct?
- Federal = $4,000 but is subject to AMT. In my case, no side business. Is there any other way to access this credit
- Utah State = $3,000 with no phaseout based on income or other deductions. 5 year carryfoward to use credit.
Also. Does anyone have the name of a CPA in Salt Lake City who is familiar with these incentives. I'd love to hire him/her to do my taxes for calander year 2008.
Thanks
- Federal = $4,000 but is subject to AMT. In my case, no side business. Is there any other way to access this credit
- Utah State = $3,000 with no phaseout based on income or other deductions. 5 year carryfoward to use credit.
Also. Does anyone have the name of a CPA in Salt Lake City who is familiar with these incentives. I'd love to hire him/her to do my taxes for calander year 2008.
Thanks