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Author Question: Investment interest expense which is disallowed because it exceeds the taxpayer's net investment ... (Read 86 times)

jparksx

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on: Sep 13, 2020

Question 1

Investment interest expense is deductible when incurred to purchase tax-exempt securities.
◦ true
◦ false

Question 2

Investment interest expense which is disallowed because it exceeds the taxpayer's net investment income may be carried over and treated as incurred in subsequent years.
◦ true
◦ false
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by jparksx on Sep 13, 2020

jamesnevil303

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Reply #1 on: Sep 13, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jparksx

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Reply 2 on: Sep 13, 2020
Thanks for the timely response, appreciate it

chereeb

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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