Leslie and Jason, who are married, paid the following expenses during 2017: Interest on a car loan.....................................................$

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Leslie and Jason, who are married, paid the following expenses during 2017:

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 2017?

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Fundamentals Of Taxation 2018

ISBN: 9781259713736

11th Edition

Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler

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Question Posted: Nov 19, 2018 11:58 AM

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Leslie and Jason, who are married, paid the following expenses during 2017: Interest on a car loan.....................................................$

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Fundamentals Of Taxation 2018

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