If an individual taxpayer's marginal tax rate is 35 percent and he holds the following assets for more than one year, which gain will be taxed at the highest rate at the time of sale? Gain attributable to tax depreciation taken on real property. Gain from a coin collection Gain from the sale of qualified small business stock held for 3 years. Gain from personal use property. Gain from investment land, QUESTION 7 //as se_ Brandon and Jane Forte file a joint tax return and decide to itemize their deductions. The Forte's income for the year consists of $120,000 in salary, $1,000 interest income, $1,500 nonqualifying dividends, and $1,100 long-term capital gains. The Forte's expenses for the year consist of $3,000 investment interest expense and $900 tax preparation fees. Assuming that the Forte's marginal tax rate is 30% and they make no special elections, what is the amount of investment interest expense deduction for the year? $1,000 $3,000 Zero $2,500. None of the choices are correct. donk Serce auth. %2Fc prova e this