How much interest can be deducted on her california return

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Question: Enya has a first mortgage and a smaller home equity loan. Enya took out the home equity loan on January 15, 2022. It was not used to build, buy, or improve her home. The equity loan proceeds were used to purchase a new car and pay off credit cards. During the year, she paid $6,350 in interest on her first mortgage and $1,490 in interest on the home equity loan. She is not allowed to deduct the home equity loan interest on her federal return. How much interest can be deducted on her California return?

Reference no: EM133609251

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