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In the current year Dylan earned taxable and tax exempt interest for the following investments. Dylan purchased all of the bonds on their insurance date.
In the current year Dylan earned taxable and tax exempt interest for the following investments. Dylan purchased all of the bonds on their insurance date. In addition Dylan borrowed funds with which to purchase the 2010 private activity bond and incurred interest expense of 350 on that loan in the current year
How much interest income will Dylan recognize for regular tax purposes in the current year? What is her current year AMT preference or adjustment for interest income
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