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.
pleasantness - the feeling caused by agreeable stimuli; one pole of a continuum of states of feeling. 2. pleasantness - the quality of giving pleasure; he was charmed by the sweetness of her manner; the pleasantness of a cool breeze on a hot summer day. sweetness. quality - an essential and distinguishing attribute of something or someone; the quality of mercy is not strained--Shakespeare.