Ted, Who Is Single, Owns a Personal Residence in the City

Multiple Choice

Ted, who is single, owns a personal residence in the city. He also owns a condo near the ocean. He uses the condo as a vacation home. In March 2014, he borrowed $50,000 on a home equity loan and used the proceeds to acquire a luxury automobile. During 2014, he paid the following amounts of interest:

$\begin{array}{llr} \text {-on his personal residence } &\$15,500\\ \text { -on the condo } &6,200\\ \text { -on the home equity loan } &4,800\\ \text {-on credit card obligations } &1,700\\\end{array}$





What amount, if any, must Ted recognize as an AMT adjustment in 2014?

A) $0.
B) $4,800.
C) $6,200.
D) $11,000.
E) None of the above.