Example seven: For the 2017, H possess (1) disgusting funding earnings regarding $eight,000; (2) investment costs, except that interest, off $5,000; (3) financing appeal away from $5,000; and you will (4) AGI from $60,000. There aren’t any almost every other miscellaneous itemized write-offs, other than the fresh new $5,100 mentioned inside (2). Read more