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Jacki (a single taxpayer in the 28% marginal tax bracket) owns a home in which she has $30,000 equity, and she itemizes deductions. She pays
Jacki (a single taxpayer in the 28% marginal tax bracket) owns a home in which she has $30,000 equity, and she itemizes deductions. She pays $1,000 interest on credit cards and 59,000 interest on her home equity loan. Calculate Jacki's tax savings from these interest payments. TT T Arial 3(12pt) T- E Y ES M
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