Melba incurred the following expenses for her dependent daughter during the current year:
$\begin{array} { l }
\text {Payment of principal on daughter's automobile loan }&\$3,600\
\text {Payment of interest on above loan }&2,900\
\text { Payment of daughter's property taxes}&1,800\
\text {Payment of principal on daughter's personal residence loan }&2,800\
\text { Payment of interest on daughter's personal residence loan}&7,00\
\
\text {How much may Melba deduct in computing her itemized deductions? }&\
\end{array}$

A)$0
B)$\$ 8,800$
C)$\$ 11,700$
D)$\$ 18.100$
E)$\text { None of these }$

Question

Melba incurred the following expenses for her dependent daughter during the current year: 
$\begin{array} { l  }
 \text {Payment of principal on daughter's automobile loan }&\$3,600\
 \text {Payment of interest on above loan }&2,900\
 \text { Payment of daughter's property taxes}&1,800\
 \text {Payment of principal on daughter's personal residence loan }&2,800\
 \text { Payment of interest on daughter's personal residence loan}&7,00\
\
 \text {How much may Melba deduct in computing her itemized deductions? }&\
\end{array}$
 
A)$0 
B)$\$ 8,800$ 
C)$\$ 11,700$ 
D)$\$ 18.100$ 
E)$\text { None of these }$

Quizplus · Accepted Answer

The Answer of Melba incurred the following expenses for her dependent daughter during the current year: 
$\begin{array} { l  }
 \text {Payment of principal on daughter's automobile loan }&\$3,600\
 \text {Payment of interest on above loan }&2,900\
 \text { Payment of daughter's property taxes}&1,800\
 \text {Payment of principal on daughter's personal residence loan }&2,800\
 \text { Payment of interest on daughter's personal residence loan}&7,00\
\
 \text {How much may Melba deduct in computing her itemized deductions? }&\
\end{array}$
 
A)$0 
B)$\$ 8,800$ 
C)$\$ 11,700$ 
D)$\$ 18.100$ 
E)$\text { None of these }$

Melba Incurred the Following Expenses for Her Dependent Daughter During