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Question 8 Andy borrows $20,000 to invest in bonds. During the current year hs interest on the loan is $2,000. Andy's interest income from the

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Question 8 Andy borrows $20,000 to invest in bonds. During the current year hs interest on the loan is $2,000. Andy's interest income from the bonds is $400 and his investment expenses are $300. a Calculate Andy's itemized deduction for investment interest for this year b. 1s Andy entitled to a deduction in future years? HTML Edi

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