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Can you offer any explanation for the dis-alloweance

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Question - Linda borrowed 60,000 from her parents for a down payment on a condo. she paid interest of 5,500 in 2017, 0 in 2018, and 9,000 in 2019. The IRS disallowed the deduction. Can you offer any explanation for the dis-alloweance?

Reference no: EM132600080

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