What is bobs investment expense deduction

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Reference no: EM133906307

Problem

Bob Brain files a single tax return and decides to itemize his deductions. Bob's income for the year consists of $74,000 of salary, $3,500 long-term capital gain, and $2,500 interest income. Bob's expenses for the year consist of $900 in investment advice fees and $150 in tax return preparation fees. Get the instant assignment help. What is Bob's investment expense deduction?

Reference no: EM133906307

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