Kristen reduced her federal mortgage interest deduction by $500 (amount of her mortgage interest credit from Federal form 8396- Mortgage Interest Credit). When completing her california tax return she can increase the california itemized deductions dor home mortgage interest by what amount?
Kristen reduced her federal mortgage interest deduction by $500 (amount of her mortgage interest credit from Federal form 8396- Mortgage Interest Credit). When completing her california tax return she can increase the california itemized deductions dor home mortgage interest by what amount?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Kristen reduced her federal mortgage interest deduction by $500 (amount of her mortgage interest credit from Federal form 8396- Mortgage Interest Credit). When completing her california tax return she can increase the california itemized deductions dor home mortgage interest by what amount?
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