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None would result in a tax savings Joe Taxpayer has a $1,000,000 mortgage loan on his principal residence that dates back to 2017. He paid

None would result in a tax savings

Joe Taxpayer has a $1,000,000 mortgage loan on his principal residence that dates back to 2017. He paid $10,000 of interest on the loan. His deduction would be

$10,000

$7500

$2500

No deduction

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