The eye on these funds try hence team interest, deductible just before AGI

The eye on these funds try hence team interest, deductible just before AGI Example eight: Into the 2017, H have (1) disgusting funding income out-of $eight,000; (2) financing costs, apart from notice, out-of $5,000; (3) financing interest out-of $5,000; and you may (4) AGI away from $sixty,100. There aren’t any other miscellaneous itemized write-offs, aside …