Interest paid on debt incurred to acquire,build,or improve a personal residence is a preference item for computing the alternative minimum tax (AMT).

Name: Interest paid on debt incurred to acquire,build,or improve a personal residence is a preference item for computing the alternative minimum tax (AMT).
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Interest paid on debt for a personal residence is not considered a preference item for AMT purposes; it is generally deductible under regular tax rules.

Interest Paid on Debt Incurred to Acquire,build,or Improve a Personal