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Calculate Ken itemized deduction for interest

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Reference no: EM132704314

Problem - Ken paid the following amounts for interest during 2018:

Qualified interest on home mortgage $4,800

Auto loan interest 850

"Points" on the mortgage for acquisition of his personal residence 400

Service charges on his checking account 40

Mastercard interest 300

Required - Calculate Ken's itemized deduction for interest?

Reference no: EM132704314

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