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Do I correctly recall that this credit is an AMT preference item?

I looked quickly at this issue, and it looks like a mess.

From what I can tell, if the car is used for business purposes, the credit is a business credit and allowable for both regular tax and AMT. If the car is for personal use, the credit is only allowed for regular tax and would not reduce AMT.

My assumption is that a vehicle used partly for business and partly for personal use would get the credit split into business and non-business portions based on usage, and the two portions of the credit would get treated appropriately.

--Peter
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