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Investment Interest Expense Deduction Internal Revenue 2020
Next. A taxable bond is a bond on which the interest is includible in gross income. Personal interest under section 163 h including qualified residence interest. Net income from certain passive activities such as rental of substantially nondepreciable property may have to be recharacterized and included on line 4a. For details see Pub. Alternative minimum tax AMT. Deductible interest expense may be an adjustment for the AMT. For details see Form 6251 Alternative Minimum Tax Individuals or...
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