For investment interest expense in 2017,the deduction by a taxpayer is:

A) Limited to the investment interest expense paid in 2017.
B) Limited to the taxpayer's net investment income for 2017.
C) Not limited.
D) Limited to the taxpayer's gross investment income for 2017.

Investment Interest Expense

Interest paid on loans used to purchase taxable investments, potentially deductible up to the amount of net investment income.

Net Investment Income

The profit or loss derived from investments such as stocks, bonds, mutual funds, and other investment properties, after related expenses are subtracted.

Deduction

An expense that can be subtracted from an individual's gross income to reduce the amount of income subject to tax.