Disallowance of passive activity loss
1 rule0 of 2 subsections
In computing the alternative minimum taxable income of the taxpayer for any taxable year, section 469 shall apply, except that in applying section 469—
(1)#
the adjustments of sections 56 and 57 shall apply, and
(2)#
in lieu of applying section 469(j)(7), the passive activity loss of a taxpayer shall be computed without regard to qualified housing interest (as defined in section 56(e)).