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i understand II & IV are correct. are these the only 2 correct? A client lives in Florida. The client is attempting to quickly calculate
i understand II & IV are correct. are these the only 2 correct?
A client lives in Florida. The client is attempting to quickly calculate whether to take the standard deduction or to itemire deductions. The client has paid $9,500 in home mortgage interest and donated $2,000 to charities. The client has also paid $1,700 in HELOC interest and $1,800 in sales taxes. Which of the following expenses can the client claim as itemized deductions? 1. Home mortgage interest II. Charitable contributions III. HELOC interest. IV. Sales taxes. I and II ll and IV l, ll and IV U , II, III, and IV Step by Step Solution
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