not 830

Required information Problem 7.56 (LO 7-3) (Algo) [The following information applies to the questions displayed below.) Mickey and Jenny Porter file a joint tax return, and they itemize deductions The Porters incur $2.825 in investment expenses. They also incur $4,375 of investment interest expense during the year. The Porters income for the year consists of $166,500 in salary and $3,655 of interest income Problem 7-56 Part-a (Algo) a. What is the amount of the Porters investment interest expense deduction for the year? Investment interest expense deduction D