ike and Sally Card file a joint return for this tax year. Their adjusted gross...
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ike and Sally Card file a joint return for this tax year. Their adjusted gross income is $65,000 and they incur the following interest expenses: Qualified education loans $4300 Personal loan 1200 Home mortgage loan 5000 Loan used to purchase a variety of stocks, bonds, and securities 16600 Investment income and related expenses amount to $8800 and $200, respectively. How much of the interest of loans used to purchase a variety of stocks, bonds, and securities is deductible?
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