Leslie and Jason paid the following expenses during 2014:
Interest on a car loan ………………………………………$ 100
Interest on lending institution loan ……………………….. ---------
(used to purchase municipal bonds) ……………………… 3,000
Interest on home mortgage ………………………………. 2,100
(Home mortgage principal is less than $1,000,000)
What is the maximum amount that they can use in calculating itemized deductions for 2014?