Because passive losses are not deductible in computing either taxable income or AMTI, no AMT adjustment for passive losses is required.

Name: Because passive losses are not deductible in computing either taxable income or AMTI, no AMT adjustment for passive losses is required.
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Passive losses can be deductible under certain conditions for regular tax purposes but may be treated differently for Alternative Minimum Tax (AMT) calculations, potentially requiring adjustments.

Because Passive Losses Are Not Deductible in Computing Either Taxable