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A taxpayer borrows the amount for the down payment for the purchase of his home on his unsecured credit card (credit card cash advance). The

A taxpayer borrows the amount for the down payment for the purchase of his home on his unsecured credit card (credit card cash advance). The taxpayer will be able to deduct the interest on this credit card asqualified mortgage interest because the proceeds are traceable to the purchase of his home. is this correct?

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