Keith and Margaret had adjusted gross income of $100,000. They had real estate taxes of...
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Accounting
Keith and Margaret had adjusted gross income of $ They had real estate taxes of $ mortgage interest of $ home equity loan interest of $ used to substantially improve the residence, automobile loan interest of $ second home mortgage interest of $part of acquisition indebtedness and credit card interest of $ The total allowable interest deduction is
ATo calculate depreciation for an automobile used in business.
BTo claim a miscellaneous itemized deduction.
CTo claim a medical expense deduction.
DAs a credit against taxes.
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