Business, 14.04.2020 17:19 gonzalesalexiaouv1bg

Roy's financial records for the year reflect the following:Interest income from bank savings account $1,960Taxable annuity receipts $3,920City ad valorem property tax on investments $294Investment interest expense $6,860Calculate Troy's net investment income and his current investment interest deduction. How is any potential excess investment interest deduction treated?

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Roy's financial records for the year reflect the following:Interest income from bank savings account...

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