Question: Jamal is single. He borrowed $ 9 0 0 , 0 0 0 and purchased a new main home in March of 2 0 2

Jamal is single. He borrowed $900,000 and purchased a new main home in March of 2020. He will be
itemizing his deductions. On what portion of the acquisition debt will interest be deductible on
Jamal's 2023 tax return?
0 $375,000
0 $500,000
0 $750,000
0 $900,000

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