Determine the amount of shannons investment

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Question - Shannon has investment expenses in the amount of $1,354 that she wants to deduct on a Schedule A. Her income for the year is listed below.

Wages $57,500

Savings account interest 200

Checking account interest 124

Dividends 34

Reinvested dividend 119

Determine the amount of Shannon's investment interest deduction.

a) $477

b) $996

c) $358

d) $1,354

Reference no: EM132082672

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