Leslie and Jason, who are married and filing jointly, paid the following expenses during 2019: Interest on

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Leslie and Jason, who are married and filing jointly, paid the following expenses during 2019:

Interest on a car loan...................................................$ 100

Interest on lending institution loan

(used to purchase municipal bonds............................3,000

Interest on home mortgage.........................................2,100

(Home mortgage principal is less than $750,000)

What is the maximum amount that they can use in calculating itemized deductions for 2019?

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Fundamentals Of Taxation 2020 Edition

ISBN: 9781260483147

13th Edition

Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler

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