Interest on student loans-points paid on the purchase of


Interest expenses eligible for deduction as itemized deductions include all of the following except:

a. interest on a $20,000 home equity loans to make personal purchases.

b. interest on student loans.

c. points paid on the purchase of the taxpayer's main home.

d. interest incurred to purchase land to be held as an investment.

all of the above are interest expense deductible as itemized deductions.

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Financial Accounting: Interest on student loans-points paid on the purchase of
Reference No:- TGS01212374

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