Business, 03.07.2021 03:00 samantaisabel6015
In 2020, Susan had interest expense of $58,500 from her investments. Susan's has investment income of $46,500. Of this amount, interest is $15,000, qualified dividends are $9,000, and a net capital gain on the sale of securities is $22,500. What is the maximum amount of Susan's investment interest expense deduction for the current year if she decides to give up the capital gain preferential treatment
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In 2020, Susan had interest expense of $58,500 from her investments. Susan's has investment income o...
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