Which of the following miscellaneous deductions are subject to the 2% of adjusted gross income limitation?

Multiple Choice

All of these.

Investment counsel and advisory fees.

Safe deposit box fees.

Unreimbursed employee business expenses

.

.

For the year ended December 31, 2017, Terrance, a single professional, reported the following: Net investment income from interest, $14,000 Other expenses unrelated to the generation of interest, $6,000 Investment interest expense on funds borrowed in 2016 to purchase stocks and bonds, $15,000 What is the maximum amount that Terrance can deduct in 2017 as investment interest expense?

Multiple Choice

$8,000.

$14,000.

$6,000.

$15,000.