A taxpayer invests in both a taxable bond and a municipal bond. Which are considered part of his deductible investment interest expense? OA Attorney and accounting fees on municipal bond. OB. Interest expense on municipal bond and interest expense on taxable bond. OC. Interest expense on taxable bond. OD. Interest expense on municipal bond. OE. Safe deposit box rental fees on taxable bond. QUESTION 57 For investment purposes, a TP purchased 500 shares of Toys R Us common stock for $20 per share. At year-end his statement indicated that the shares were only worth $2 per share. What amount can he deduct as a loss this year? OA $1,000 B. None of the choices are correct He is not entitled to a loss deduction. OC. 59,000 OD. He can deduct $10,000 only if he includes 51,000 in his taxable income. OE. $10,000