Joe and Angela file a joint return. During the year, they paid:

• $2,180 to the bank for interest on their home mortgage that was reported to them on Form 1098 (all qualified)
• $400 in credit card interest
• $1,500 paid to lender for specific services connected to the loan (e.g., points, appraisal fee, notary fee, and preparation costs for the mortgage)
• $2,000 in interest on a car loan

How much can Joe and Angela report as deductible interest?

	$4,880
	$4,080
	$2,180
	$0

Click here to view their Form 1098.