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Jerry and Ann Paid the Following Amounts During 2014: What

Question 53

Multiple Choice

Jerry and Ann paid the following amounts during 2014: What is the maximum amount they can use as interest expense in calculating itemized deductions for 2014?
Jerry and Ann paid the following amounts during 2014: What is the maximum amount they can use as interest expense in calculating itemized deductions for 2014?   A) $3,000 B) $3,150 C) $4,500 D) $8,000 E) None of the above


A) $3,000
B) $3,150
C) $4,500
D) $8,000
E) None of the above

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