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can you help me answer those a question MEWORK - CHAPTER 13 iSavedHelp10Barbara is single and owns a home in the city, which is her
can you help me answer those a questionÂ
MEWORK - CHAPTER 13 iSavedHelp10Barbara is single and owns a home in the city, which is her primary residence. She also owns a cottage at the beach, which she treatsas a vacation home. In April 2023, she borrowed $50,000 on a home equity loan and used the proceeds to pay off credit cardobligations and other debt. She paid the following in 2023:Mortgage interest (personal residence)$ 15,ee0ointsMortgage interest (cottage)8, eveInterest on the home equity loan5, eveInterest on credit card2,500SkippedRequired:Calculate any AMT adjustment concerning interest in 2023.eBookNote: Input all the values as positive numbers. Leave no cells blank - be certain to enter "0" wherever required.PninitReferencesRegular TaxableInterestAMTAdjustmentDeductionMortgage interest for residenceVacation cottageHome equity loanCredit cardO SO SInterestSStep by Step Solution
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