Problem 6-44(LO 6-2)(Algo) Skip to question [The following information applies to...
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Accounting
Problem LO Algo
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This year Randy paid $ of interest on his residence. Randy borrowed $ to buy his residence, which is currently worth $ Randy also paid $ of interest on his car loan and $ of margin interest to his stockbroker investment interest expense How much of this interest expense can Randy deduct as an itemized deduction under the following circumstances?
Problem Partb Algo
b Randy had no investment income this year, and his AGI is $
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