Troy's financial records for the year reflect the following: Interest income from bank savings account Taxable annuity receipts $1,760 $3,520 $264 $6,160 City ad valorem property tax on investments Investment interest expense Calculate Troy's net investment income and his current investment interest deduction. How is any potential excess investment interest deduction treated? . Any potential excess Troy's net investment income is $ and his investment interest deduction is s investment interest expense not deducted this year is carried forward Feedback Check My Work Congress has limited the deductibility of investment interest, which is interest paid on debt borrowed for the purpose of purchasing or continuing to hold investment property