Originally Posted by
MAWK90
Does anybody out there understand the effects of the 2007 tax law change as it applies to AMT?
The way I see it, we lose most all of our ability to deduct mortgage interest, state and property tax, and just about every other avenue we are accustomed to employing on our taxes.
Are you sure about interest on your PRIMARY residence. I think that is still tax deductible. Did it change for 2007?