Business
Business, 14.10.2019 20:10, yourgirlnevaeh

Obias has a brokerage account and buys on the margin, which resulted in an interest expense of $20,000 during the year. income generated through the brokerage account was as follows: municipal interest$ 50,000taxable dividends and interest 350,000how much investment interest can tobias deduct?

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Obias has a brokerage account and buys on the margin, which resulted in an interest expense of $20,0...

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