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Business, 02.11.2019 04:31 chrisandthemike76

Bob brain files a single tax return and decides to itemize his deductions. bob's income for the year consists of $75,000 of salary, $3,000 long-term capital gain, and $1,500 interest income. bob's expenses for the year consist of $800 in investment advice fees and $250 in tax return preparation fees. what is bob's investment expense deduction?

(a) zero
(b) $800
(c) $250
(d) $1,050.
(e) none of the choices are correct.

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