You'll need to sign in or create an account to connect with an expert.
Investment expenses are not deductible on a federal tax return due to the tax code changes for tax years 2018 thru 2025. Investment interest is deductible as an itemized deduction on Schedule A Line 9.
The tax forms and schedules have changed due to the tax code changes. Schedule A has also changed as there are now only 18 Lines on the schedule - https://www.irs.gov/pub/irs-pdf/f1040sa.pdf
Investment expenses are not deductible on a federal tax return due to the tax code changes for tax years 2018 thru 2025. Investment interest is deductible as an itemized deduction on Schedule A Line 9.
The tax forms and schedules have changed due to the tax code changes. Schedule A has also changed as there are now only 18 Lines on the schedule - https://www.irs.gov/pub/irs-pdf/f1040sa.pdf
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
dragonlover13
New Member
weyls
Level 1
axtell
Level 2
jteichma
Level 2
bleonard
Level 1