Ken paid the following amounts for interest during 2018: 3 Qualified interest on home mortgage.................$4,800 Auto loan
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Ken paid the following amounts for interest during 2018: 3
Qualified interest on home mortgage.................$4,800
Auto loan interest.................850
“Points” on the mortgage for acquisition of his personal residence.................400
Service charges on his checking account.................40
Mastercard interest.................300
Calculate Ken’s itemized deduction for interest on the following portion of Schedule A.
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Related Book For
Income Tax Fundamentals 2019
ISBN: 9781337703062
37th Edition
Authors: Gerald E. Whittenburg, Steven Gill
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