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Business, 16.11.2020 16:40 abbie722

Troy's financial records for the year reflect the following: Interest income from bank savings account $1,800 Taxable annuity receipts 3,600 City ad valorem property tax on investments 270 Investment interest expense 6,300 Calculate Troy's net investment income and his current investment interest deduction. How is a deduction for any potential excess investment interest treated

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