I found a couple of things but not sure if they are correct?
Alternative Minimum Tax does not allow deductions for "acquisition" mortgage interest paid,
Alternative Minimum Tax rates are different than regular rates,
State and local taxes are not deductible as itemized deductions,
The depreciation rules are less advantageous to taxpayers under the Alternative Minimum Tax.
Read more: What are the differences between the Alternative Minimum Tax system and the regular US income tax system?
