For purposes of computing the deduction for qualified residence interest,a qualified residence includes the taxpayer's principal residence and one other residence of the taxpayer or spouse.

Question

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According to the IRS, a qualified residence for the purpose of computing the deduction for qualified residence interest includes the taxpayer's principal residence and one other residence of the taxpayer or spouse. Therefore, the statement is true.

For Purposes of Computing the Deduction for Qualified Residence Interest,a