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Business, 01.04.2021 16:50, nickocasamplonp6mlob
This year, Ms. Richtor had $7,200 of net investment income which included $500 of investment related expenses. She considered the following income items in her computation of net investment income. $6,000 qualified dividend income$200 municipal bond interest$5,700 interest from corporate bonds$2,000 short-term capital gainsMs Richtor also paid $13,100 of investment interest expense. Assuming Ms. Richtor elected to take advantage of a preferential rate whenever possible, her deduction for investment interest expense is $ .
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This year, Ms. Richtor had $7,200 of net investment income which included $500 of investment related...
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