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T has a salary of $150,000, interest income of 10,000, passive income of $20,000 and investment interest expense of $60,000. T's investment interest expense deduction
T has a salary of $150,000, interest income of 10,000, passive income of $20,000 and investment interest expense of $60,000. T's investment interest expense deduction is limited to: A. None, the income exceeds $100,000 B. $10,000 C. $30,000 D. $60,000
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