1) During the year, Susan made the interest payments shown in the following table. Susan's AGI is $75,000.

For items 1 through 6, enter the amounts in the designated cells that are reportable interest expense itemized deductions on Schedule A of Form 1040. Enter all amounts as positive values. If none of a particular payment is a reportable interest expense deduction, enter a zero (0) for that expense.

NOTE: Disregard all AGI limitations, if any, in completing items 1-6.

For items 7 through 9, enter the amounts as indicated in the designated cells. Enter all amounts as positive values.

Interest Payment	Amount	Amount deductible on Schedule A
1. Mortgage interest paid on principal residence	$10,900
2. Interest paid on personal credit cards	$470
3. Points on 30-year mortgage for the purchase of the principal residence paid on July 1 of the current year	$4,900
4. Mortgage interest paid on commercial rental property	$3,000
5. Interest paid on a $50,000 home equity loan; the FMV of the home exceeds the acquisition indebtedness by $65,000, and the debt is used to improve the qualified residence	$530
6. Interest paid to IRS for late filing of income tax return	$30
7. Total amount from above	$19,830
8. AGI limitation (in dollars)	$0
9. Total amount deductible on Schedule A	$0