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Itemized deductions reported on Schedule A may include all of the following except: a. Interest paid on the mortgage for their vacation home. b. Interest
Itemized deductions reported on Schedule A may include all of the following except:
a. Interest paid on the mortgage for their vacation home.
b. Interest paid on a loan where the proceeds were used to buy stock in a corporation.
c. Use of one's personal car to go to the doctor.
d. Interest paid on an $80,000 home equity loan where the proceeds were used to buy an SUV.
e. All of the above are itemized deductions reported on Schedule A.
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