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Business, 07.08.2021 01:40 rleiphart1
In 2020, Kathleen Tweardy incurs $30,000 of interest expense related to her investments. Her investment income includes $7,500 of interest, $6,000 of qualified dividends, and a $12,000 net capital gain on the sale of securities. Kathleen asks you to compute the amount of her deduction for investment interest, taking into consideration any options she might have.
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In 2020, Kathleen Tweardy incurs $30,000 of interest expense related to her investments. Her investm...
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