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Level 1
June 2, 2019
Question

How do I deduct margin interest paid?

  • June 2, 2019
  • 2 replies
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2 replies

fanfare
Level 15
June 2, 2019

type "margin interest" into the FIND box.

June 2, 2019

goes to form 4952 and from there the deductible portion goes to schedule a.   won't do you any good unless your itemized deductions exceed your standard deduction.  if you use the standard deduction the otherwise deductible amount is lost.