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QUESTION

B. Interest to purchase tax-exempt bonds. A. Personal credit card interest. Which of the following is deductible as interest expense?

B. Interest to purchase tax-exempt bonds. A. Personal credit card interest. Which of the following is deductible as interest expense? A. Personal credit card interest. B. Interest to purchase tax-exempt bonds. C. Bank service charges on personal account. D. Charge for late payment on utility bill incurred in a trade or business.

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