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QUESTION 1 Miguel's client has carrying charges of $2,500, political contributions of $250, and taxable income of $45,000. Her investment portfolio earns interest and dividend

QUESTION 1 Miguel's client has carrying charges of $2,500, political contributions of $250, and taxable income of $45,000. Her investment portfolio earns interest and dividend income regularly and has unrealized capital gains of $8,000. What is the best strategy for the client to minimize her taxable income? a. Realize capital gains, and deduct political contributions from taxable income. b. Deduct political contributions from taxable income. Oc. Realize capital gains, and deduct political contributions and carrying charges from taxable income. O d. Deduct carrying charges from taxable income. Click Save and Submit to save and submit. Click Save All Answers to save all answers.
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Mguels chent has carryng charpos of \$2,500, polfical contributions of $250, and taxable income of $45,000. Her invostment portfolio earns inferest and dividend income regularly and has uncealized capital gains of $8,000. What is the best stratogy for the client to mirimize her taxable income? a. Realize capital gains, and deduct political contributions from taxablo income. b. Deduct political contibutions from taxable income c. Realize copital gains, and deduct political controutions and carrying charges from taxable inccme d. Deduct carrying chargos from taxabio income

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