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Which of the following interest expenses are deductible on a federal income tax return? Interest on personal loan $4,000 Interest on a personal car loan

Which of the following interest expenses are deductible on a federal income tax return?

Interest on personal loan

$4,000

Interest on a personal car loan

2,000

Interest on a home mortgage

9,000

Interest on a home equity loan used to pay off credit cards

3,000

Total interest expenses

$18,000

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