Helen paid the following amounts of interest during the 2019 tax year: Mortgage interest on Dallas residence (loan balance $50,000) $1,600 Automobile loan interest (personal use only) 440 Mortgage interest on Vail residence (loan balance $50,000) 3,100 Visa and Mastercard interest 165 Calculate the amount of Helen's itemized deduction for interest (after limitations) for 2019.

Question

Helen paid the following amounts of interest during the 2019 tax year:

Mortgage interest on Dallas residence (loan balance $50,000) $1,600
Automobile loan interest (personal use only) 440
Mortgage interest on Vail residence (loan balance $50,000) 3,100
Visa and Mastercard interest 165

Calculate the amount of Helen's itemized deduction for interest (after limitations) for 2019.

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