11 Scroll down to complete all parts of this task. Miller, age 38, is a single taxpayer with adjusted gross income (AGI) for the year of $167,000. During the year, Miller made the interest payments shown in the following table. In column C of the table, enter the amounts that are reportable interest expense deductions, subject to a statutory percentage limitation, if any. If none of a particular payment is a reportable interest expense deduction, enter a zero for that item in column C. The total amount deductible on Schedule A, Itemized Deductions as interest expense, will automatically calculate. Note: Disregard all AGI limitations, if any, in completing the first section of this table. Then follow the instructions in the table in completing the second section.

\begin{tabular}{|l|r|l|} \hline Interest paid to IRS for late filing of income tax return & $25 \\ \hline \begin{tabular}{l} Interest paid on a $50,000 home equity loan. Of the $50,000 loan \\ proceeds, $40,000 was used to make substantial improvements to \\ the principal residence. The other $10,000 was used to pay off \\ credit card debt. \end{tabular} & $750 Click to ansi \\ \hline Total & $18,995 & \\ \hline & \\ \hline \begin{tabular}{l} On row 12 below, indicate the dollar amount of the limitations, if any, that apply to the expenses abi \\ Enter any limitation as a negative number. \end{tabular} & \\ \hline Total amount from table above & $0 & \\ \hline \end{tabular} \begin{tabular}{l|r|} \hline AGI limitation (in dollars) & 123 \\ \hline Total amount deductible on Schedule A & $0 \\ \hline \end{tabular} Scroll down to complete all parts of this task. Miller, age 38, is a single taxpayer with adjusted gross income (AGI) for the year of $167,000. During the year, Miller made the interest payments shown in the following table. In column C of the table, enter the amounts that are reportable interest expense deductions, subject to a statutory percentage limitation, if any. If none of a particular payment is a reportable interest expense deduction, enter a zero for that item in column C. The total amount deductible on Schedule A, Itemized Deductions as interest expense, will automatically calculate. Note: Disregard all AGI limitations, if any, in completing the first section of this table. Then follow the instructions in the table in completing the second section. 41n \begin{tabular}{|c|c|c|} \hlineA & B & c \\ \hline Expense & Amount & \begin{tabular}{r} Amou \\ Reportab \\ Schedul \end{tabular} \\ \hline \begin{tabular}{l} Mortgage interest paid on a $420,000,30-year mortgage loan used \\ to acquire a principal residence \end{tabular} & $11,400 & Click to ansi \\ \hline \begin{tabular}{l} Points on 30-year mortgage for the purchase of the principal \\ residence paid on June 30 of the current year \end{tabular} & $4,200 & \\ \hline \begin{tabular}{l} Mortgage interest paid on a $300,000 loan to purchase commercial \\ rental property \end{tabular} & $2,150 & \\ \hline Interest paid on personal credit cards & $470 & \\ \hline \end{tabular}