Ming earned net investment income of $11,000 during 2023 and incurred investment interest expense of...

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Accounting

Ming earned net investment income of $11,000 during 2023 and incurred investment interest expense of $3,000 during the year related to a stock purchase. She incurred other investment interest expenses of $7,000 during the year. Ming is limited to a deduction of $3,000 of investment interest expense in 2023.
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