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I could use a quick answer to this because we plan to sign papers tonight.

We are about to refinance our home (again). All of our previous refinances have lowered the principal balance from the previous loan (the first loans in the chain were our purchase money loans). In this one, for the first time, we're going to take a small amount of cash out, approximately $2,000. (My wife is handling this transaction and didn't bring the cash-out aspect to my attention -- hence the rush.)

We are usually subject to AMT. Will the AMT tax treatment of this refinance differ from the tax treatment of our previous loans? --Bob
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