Lucia $(40)$ is single. Her $2022$ federal itemized deductions totaled $$17,400,$ of which she claimed $$1,200$ of state income taxes paid in $2022.$ She filed her tax return on April $14,2023,$ and on May $1,2023,$ she received a $$1,200$ state income tax refund. How much of her $2022$ state income tax refund is taxable on her $2023$ federal return?

$$0$

$$500$

$$1,200$

$$2,000$

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Question $39$ of $85.$

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?

$$375,000$

$$500,000$

$$750,000$

$$900,000$