Mickey and Jenny Porter file a joint tax return, and they itemize deductions. The Porters incur $$2,000$ in investment expenses. They also incur $$3,000$ of investment interest expense during the year. The Porters' income for the year consists of $$150,000$ in salary and $$2,500$ of interest income.

Problem $7-56$ Part$-$b $($Static$)$

b$.$ What would their investment interest expense deduction be if they also had a $($$$2,000)$ long$-$term capital loss?

Investment interest expense deduction