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Melissa and Martin McArthur incurred the following interest expenditures: Home mortgage $4,700 Investment loan $840 Credit card debt $1,425 Higher education loan $1,460 How much
Melissa and Martin McArthur incurred the following interest expenditures:
Home mortgage $4,700
Investment loan $840
Credit card debt $1,425
Higher education loan $1,460
How much will these expenditures add to their itemized deductions?
$7,425 |
$4,700 |
$6,000 |
$5,540 |
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