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1. Itemized deductions reported on Schedule A may include all of the following except: a. Interest paid on the mortgage for their vacation home. b.
1. Itemized deductions reported on Schedule A may include all of the following except:
a. Interest paid on the mortgage for their vacation home. b. Interest paid on a loan where the proceeds were used to buy stock in a corporation. c. Use of one's personal car to go to the doctor. d. Interest paid on an $80,000 home equity loan where the proceeds were used to substantially improve a qualified residence. e. All of the above are itemized deductions reported on Schedule A
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