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For 2018, Thomas, a single parent, reported the following amounts relating to his investments: Net investment income Interest expense on a loan to purchase stocks

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For 2018, Thomas, a single parent, reported the following amounts relating to his investments: Net investment income Interest expense on a loan to purchase stocks Interest expense on funds borrowed to purchase land for investment $6,400 2,230 5,720 What is the maximum amount that Thomas could deduct in 2018 as investment interest expense

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