Federal Tax Research 10th Edition by Roby Sawyers,William Raabe,Gerald Whittenburg,Steven Gill

تمرين 22

How much of the $100,000 interest that is paid on a loan from Everett National Bank can Ben deduct if he invests the loan proceeds in the following Consider each item independently.
a. South Chicago School District bonds
b. AT T bonds, paying $125,000 interest income this year
c. Computer Futures Inc. shares, a growth stock that pays no dividend this year