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Douglas and Dena Paid the Following Amounts of Interest During

Question 64

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Douglas and Dena paid the following amounts of interest during the current year:

Douglas and Dena paid the following amounts of interest during the current year: ​     a.Calculate the amount of their allowable deduction for investment interest for the current year. b.Calculate the amount of Douglas and Dena's total allowable deduction for interest for the current year.
a.Calculate the amount of their allowable deduction for investment interest for the current year.
b.Calculate the amount of Douglas and Dena's total allowable deduction for interest for the current year.

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