[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-302540-105":53,"doc-detail-302540-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","instructions-for-form-4626-alternative-minimum-taxcorporations","Instructions for Form 4626 - Alternative Minimum Tax—Corporations","","Instructions for IRS Form 4626 explain how corporations determine alternative minimum tax (AMT) under section 55 when they are not exempt. The guidance covers when a corporation must file, how to evaluate small-corporation exemption status, and how to apply special change-date modifications if exemption is lost. It also describes related requirements such as consolidated return treatment, credit for prior year minimum tax, recordkeeping, and AMT proration for short period returns.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/instructions-for-form-4626-alternative-minimum-taxcorporations/302540/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/instructions-for-form-4626-alternative-minimum-taxcorporations/302540.png","ImageObject",442,249,{"name":88,"@type":89},"Riley","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-09-26","2026-09-19",true,{"@type":98,"interactionType":99,"userInteractionCount":73},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What is the purpose of IRS Form 4626 for corporations?","Question",{"text":108,"@type":109},"Form 4626 is used to figure a corporation’s alternative minimum tax (AMT) under section 55 when the corporation is not exempt from the AMT.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"When is a corporation required to file Form 4626?",{"text":113,"@type":109},"A corporation must file if it is not a small corporation exempt from the AMT and its taxable income plus adjustments and preferences exceed the specified threshold, or if it claims certain business credits.",{"name":115,"@type":106,"acceptedAnswer":116},"How does AMT work for a corporation filing a short period return?",{"text":117,"@type":109},"For periods less than 12 months, AMTI must be annualized and then prorated based on the number of months in the short period, with specific steps for lines 1 through 7.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},302540,1790435203,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":73,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":8,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":139,"read_time":79},1374391975076,"https://ap-avatar.wpscdn.com/avatar/14000253ca4ec9f6853?x-image-process=image/resize,m_fixed,w_180,h_180&k=1783305029341752051","Department of the Treasury  \nInternal Revenue Service  \nInstructions for Form 4626  \nAlternative Minimum Tax—Corporations  \nSection references are to the Internal Revenue Code unless otherwise noted.  \nGeneral Instructions  \nPurpose of Form  \nUse Form 4626 to figure the alternative minimum tax (AMT) under section 55 for a corporation that is not exempt from the AMT.  \nNote: For an affiliated group filing a consolidated return under the rules of section 1501, AMT must be figured on a consolidated basis.  \nWho Must File  \nIf the corporation is not a “small corporation” exempt from the AMT (as explained below), file Form 4626 if:  \n• The corporation’s taxable income or (loss) before the net operating loss (NOL) deduction plus its adjustmentsand preferences total more than $40,000 or, if smaller, its allowable exemption amount or  \n• The corporation claims any general business credit, the qualified electric vehicle credit, the nonconventional source fuel credit, or the credit for prior year minimum tax.  \nExemption for Small Corporations  \nA corporation is treated as a small corporation exempt from the AMT for its tax year beginning in 2002 if that year is the corporation’s first tax year in existence (regardless of its gross receipts for the year) or:  \n1. It was treated as a small corporation exempt from the AMT for all prior tax years beginning after 1997 and  \n2. Its average annual gross receipts for the 3-tax-year period (or portion thereof during which the corporation was in existence) ending before its tax year beginning in 2002 did not exceed $7.5 million ($5 million if the corporation had only 1 prior tax year) .  \nThe following rules apply when figuring gross receipts under 2 above.• Gross receipts must be figured using the corporation’s tax accounting method and include total sales (net of  \nreturns and allowances), amounts received for services, and income from investments and other sources. See Temporary Regulations section 1.448-1T(f)(2)(iv) for more details.  \n• Gross receipts include those of any predecessor of the corporation.  \n• For a short tax year, gross receipts must be annualized by multiplying them by 12 and dividing the result by the number of months in the tax year.  \n• The gross receipts of all persons treated as a single employer under section 52(a), 52(b), 414(m), or 414(o) must be aggregated.  \nLoss of small corporation status. If the corporation qualified as a small corporation exempt from the AMT for its previous tax year, but does not meet the gross receipts test for its tax year beginning in 2002, it loses its AMT exemption status. Special rules apply in figuring AMT for the tax year beginning in 2002 and all later years based on the“change date.” The change date is the first day of the corporation’s tax year beginning in 2002. Complete Form 4626 taking into account the following modifications.  \n• The adjustments for depreciation and amortization of pollution control facilities apply only to property placed in service on or after the change date.  \n• The adjustment for mining exploration and development costs applies only to amounts paid or incurred on or after the change date.  \n• The adjustment for long-term contracts applies only to contracts entered into on or after the change date.  \n• When figuring the amount to enter online 6, for any loss year beginning before the change date, use the corporation’s regular tax NOL for that year.  \n• Figure the limitation on line 4d only for prior tax years beginning on or after the change date.  \n• Enter zero on line 2c of the Adjusted Current Earnings (ACE) Worksheet on page 11. When completing line 5 of the ACE Worksheet, take into account only amounts from tax years beginning  \non or after the change date. Also, for line 8 of the ACE Worksheet, take into account only property placed in service on or after the change date.  \nSee section 55(e)(3) for exceptions related to any item acquired in a corporate acquisition or to any substituted basis property, ","cbCaiu6qzeFlOx9L","https://ap.wps.com/l/cbCaiu6qzeFlOx9L","pdf",82971,"English","# General Instructions\n## Purpose of Form\n## Who Must File\n## Exemption for Small Corporations\n## Loss of small corporation status\n## Credit for Prior Year Minimum Tax\n## Recordkeeping\n## Short Period Return","[{\"question\":\"What is the purpose of IRS Form 4626 for corporations?\",\"answer\":\"Form 4626 is used to figure a corporation’s alternative minimum tax (AMT) under section 55 when the corporation is not exempt from the AMT.\"},{\"question\":\"When is a corporation required to file Form 4626?\",\"answer\":\"A corporation must file if it is not a small corporation exempt from the AMT and its taxable income plus adjustments and preferences exceed the specified threshold, or if it claims certain business credits.\"},{\"question\":\"How does AMT work for a corporation filing a short period return?\",\"answer\":\"For periods less than 12 months, AMTI must be annualized and then prorated based on the number of months in the short period, with specific steps for lines 1 through 7.\"}]","Instructions for Form 4626 - Alternative Minimum Tax—Corporations | PDF",1789793981]