24. Jenine bought her primary house for $800,000 in 2022, the mortgage principal was $600,000 at a 5% interest rate. Her total interest paid in 2022 was $30,000 how much can she claim as an itemized deduction? O $30,000 O $10,000 O $16,875 $9,000 *
24. Jenine bought her primary house for $800,000 in 2022, the mortgage principal was $600,000 at a 5% interest rate. Her total interest paid in 2022 was $30,000 how much can she claim as an itemized deduction? O $30,000 O $10,000 O $16,875 $9,000 *
Chapter10: Deductions And Losses: Certain Itemized Deductions
Section: Chapter Questions
Problem 31P
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Question
![24. Jenine bought her primary house for $800,000 in 2022, the mortgage principal *
was $600,000 at a 5% interest rate. Her total interest paid in 2022 was $30,000
how much can she claim as an itemized deduction?
O $30,000
O $10,000
O $16,875
O $9,000](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcebd4779-0d77-4934-b7cd-970817cc004d%2F0a27cc3d-5b6b-4d86-8b3d-c9d774107d79%2Fpdfzph7_processed.jpeg&w=3840&q=75)
Transcribed Image Text:24. Jenine bought her primary house for $800,000 in 2022, the mortgage principal *
was $600,000 at a 5% interest rate. Her total interest paid in 2022 was $30,000
how much can she claim as an itemized deduction?
O $30,000
O $10,000
O $16,875
O $9,000
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