A taxpayer paid interest as follows $100 on a personal credit card $200 on funds borrowed in order to purchase $6,000 in tax exempt securities $500 interest on a personal car loan The car is not used for business $10,000 on a home mortgage at is the amount of deductible interest A $17,400 B $10,600 C $10,000 D $10,800 A taxpayer paid interest as follows $100 on a personal credit card $200 on funds borrowed in order to purchase $6,000 in tax exempt securities $500 interest on a personal car loan The car is not used for business $10,000 on a home mortgage at is the amount of deductible interest A $17,400 B $10,600 C $10,000 D $10,800

Question

A taxpayer paid interest as follows  $100 on a personal credit card $200 on funds borrowed in order to purchase $6,000 in tax exempt securities $500 interest on a personal car loan  The car is not used for business $10,000 on a home mortgage at is the amount of deductible interest  A  $17,400 B  $10,600 C  $10,000 D  $10,800   A taxpayer paid interest as follows  $100 on a personal credit card $200 on funds borrowed in order to purchase $6,000 in tax exempt securities $500 interest on a personal car loan  The car is not used for business $10,000 on a home mortgage at is the amount of deductible interest  A  $17,400 B  $10,600 C  $10,000 D  $10,800

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. A taxpayer paid interest as follows: $100 on a personal credit card $200 on funds borrowed in order to purchase $6,000 in tax-exempt securities

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