Chavez9276 Chavez9276

03-01-2023
Business

Answered

sally owns her home and has a mortgage principal remaining of $100,000. she makes annual mortgage payments of $6,080 at an interest rate of 4.5%. her annual mortgage payment includes the annual principal payment of $1,613 and the annual interest payment of $4,467. in 2022, sally is able to deduct the interest payments of what amount on her income tax return?

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