Juan paid the following amounts of interest in 2019: $150 on his personal credit...
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Accounting
Juan paid the following amounts of interest in 2019:
- $150 on his personal credit card
- $9,500 on his home mortgage
- $750 on a personal car loan, which was not used for business
- $350 on funds borrowed to purchase tax-exempt securities
Assuming Juan itemizes his deductions, what is his deductible interest for 2019?
Group of answer choices
A) $350
B) $1,250.
C) $9,500.
D) $9,850.
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