Brief

The Technical and Miscellaneous Revenue Act of 1988 is a federal law that makes technical corrections to the Tax Reform Act of 1986. The act includes provisions related to tax reform, business income taxation, estate and gift taxes, and tax-exempt bonds, among others. Key amendments include changes to the low-income housing credit, modifications to the passive activity loss and credit provisions, and amendments to the investment interest deduction.

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Congress.gov

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