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Mario is a new tax client. In reviewing his 2 0 2 2 tax return prepared by his former CPA ( because that is what

Mario is a new tax client. In reviewing his 2022 tax return prepared by his former CPA (because that is what you do when you get a new tax client), you see that Mario earned $9,000 in net investment income and incurred $14,000 of investment interest expense for last tax year (2022). Mario paid off the loan in early 2023, so he only paid $2,000 of investment interest expense in 2023. He earned $10,000 of net investment income in 2023. How much total investment interest expense can Mario deduct in 2023?
A) $2,000
B) $10,000
C) $7,000
D) $0
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