Patricia purchased a principal residence in 1985 and paid off her mortgage in 2015. In 2019, she took out a new mortgage loan of $200,000 which was secured by her residence. The loan proceeds were used to substantially improve her principal residence. The entire amount of the mortgage interest paid or accrued during 2019 is deductible as qualified residence interest. a. True b. False QUESTION 3 In 2019. Joe paid $5,000 for a high deductible health insurance policy and contributed $2,600 to a qualified Health Savings 0; $100 for aspirin; and $500 for prescription drugs. In 2020, he received an insurance reimbursement of $1,400 for the doctor. He did not take any distributions from his HSA in 2019. Determine Joes' maximum itemized deduction allowable for medical expenses in 2019. (Ignore any floors or limitations). $7,100 $8,500 $9,700 $11,100 None of these