Howard paid $22,000 in mortgage payments in 2023. $15,000 was for interest and $7,000 was for principal.

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Howard paid $22,000 in mortgage payments in 2023. $15,000 was for interest and $7,000 was for principal. The mortgage was originally $450,000. How much can he deduct in 2023 as an itemized deduction for interest? $15,000 $22,000 $7,000 $0

Posted Date: May 18, 2024 11:15 PM

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Howard paid $22,000 in mortgage payments in 2023. $15,000 was for interest and $7,000 was for principal.

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