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Which of the following is a true statement? OA Taxpayers may only deduct interest on up to $1,500,000 of acquisition indebtedness. OB. None of the

Which of the following is a true statement? OA Taxpayers may only deduct interest on up to $1,500,000 of acquisition indebtedness. OB. None of the choices are correct. C. Taxpayers may deduct interest on up to $1,000,000 of home-equity debt. D. A taxpayer who incurs acquisition indebtedness in 2018, and later years, may only deduct interest on up to $750,000 of acquisition indebtedness. OE. The deduction for investment interest expense is not subject to limitationimage text in transcribed

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