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Business, 17.12.2019 23:31 breashaeeboo1813

On september 1, year 1, jackson borrowed $400,000 to refinance the original mortgage on her principal residence. jackson paid 2 points to reduce her interest rate from 7.5 percent to 7 percent. the loan is for a 30-year period. how much can mary deduct in year 1 for her points paid?
$89
$267
$5,333
$8,000

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