Elance Exams Answers PDF file

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Download PDF file of elance Zoho Creator Exam Answers
elance-zoho-creator-exam.pdf

Which of the following statements are false?

Mortgage Insurance Premiums paid in the current year is a investment expense and subject to a 2% phaseout.
The deduction is phased out when the adjusted gross income is more than $109,000.
Mortgage Insurance premiums paid on a second home is generally deductible.
Upfront Mortgage Insurance Premiums paid in the current year must be amortized.
Mortgage Insurance Premiums paid is treated as Mortgage Interest.
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