Problem $5-26$

Interest $($LO $5\mathrm{.}8)$

Inderjeet paid the following amounts of interest during the $2023$ tax year:

Mortgage interest on Dallas residence $($loan balance $$50,000)$

Automobile loan interest $($personal use only$)$

Mortgage interest on Vail residence $($Ioan balance $$50,000)$

$$1,600$

Student loan interest

$440$

$3,100$

$775$

Calculate the amount of Inderjeet's itemized deduction for interest $($after limitations$,$ if any$)$ for $2023.$