The following are true regarding the credit for prior-year minimum tax, EXCEPT:
A) Individuals who pay AMT, Alternative Minimum Tax, may take a credit against regular income tax in future years for only the portion of the AMT that is attributable to deferral items, such as depreciation.
B) The credit cannot reduce tax below the tentative minimum tax for the year.
C) The credit is not refundable.
D) The credit may be carried forward for a period of 20 years.