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Question 15 Matt has AGI of $192,000. He earned $3,500 in qualified dividends and $800 of taxable interest. He purchased stock with proceeds from a
Question 15 Matt has AGI of $192,000. He earned $3,500 in qualified dividends and $800 of taxable interest. He purchased stock with proceeds from a loan of $100,000 at 9%, which resulted this year. He made no elections related to his investment interest. How much investment interest expense can he deduct, if any, as part of his itemized deductions for this year? $0 $4,300 with $200 carried forward $800, with $3,700 carried forward $4,500 Moving to another question will save this response. MacBook Pro
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