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Jessica spent $700 on an online training course to learn how to invest in municipal bonds which generate tax-exempt income. She used $50,000 to purchase

Jessica spent $700 on an online training course to learn how to invest in municipal bonds which generate tax-exempt income. She used $50,000 to purchase the bonds and received interest of $4,000 in the current year. How much is Jessica allowed to deduct on her tax returns?

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