Which of the Following Interest Expenses Incurred by Trent Is

question 92

Multiple Choice

Which of the following interest expenses incurred by Trent is treated as personal interest expense and,therefore,not deductible as an itemized deduction?

• A)Interest expense on personal credit cards.
• B)Bonds purchased with accrued interest.
• C)Interest on a home mortgage acquired in 2012.
• D)Interest expense incurred by a partnership in which Trent is a limited partner.