Ken paid the following amounts for interest during 2016: Qualified interest on home mortgage .......................................................... $4,800 Auto

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Ken paid the following amounts for interest during 2016:

Qualified interest on home mortgage .......................................................... $4,800

Auto loan interest ..................................................................................................850

"Points" on the mortgage for acquisition of his personal residence ..............400

Service charges on his checking account ............................................................ 40

Mastercard interest ...............................................................................................300

Calculate Ken's itemized deduction for interest on the following portion of Schedule A.

Ken paid the following amounts for interest during 2016: 
Qualified
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Income Tax Fundamentals 2017

ISBN: 9781305872738

35th Edition

Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller

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