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Which of the folowing is a true statement? Taxpayen moy only deduct inverest on up 10 $1,500,000 of acguision indebtedness. Taxpaners nay defuet interest on

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Which of the folowing is a true statement? Taxpayen moy only deduct inverest on up 10 $1,500,000 of acguision indebtedness. Taxpaners nay defuet interest on up to $1,000,000 of home equily debe The deduction for investenent interest expense is not wutjedt to linitation. A taxpayer who incurs acqusition indebtedness in 2010 may only deduct intecest on up to 5750,000 of acquishon indebtedness. None of the choices are conect

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