Question: 2 pts L incurs $ 4 , 0 0 0 investment interest expense and has $ 3 , 0 0 0 of taxable investment income.

2 pts
L incurs $4,000 investment interest expense and has $3,000 of taxable investment income. L may deduct $3,000 as a for AGI deduction.
True
Fatse
2 pts L incurs $ 4 , 0 0 0 investment interest

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