- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Taking the deduction
To actually claim the deduction for investment interest expenses, you must itemize your deductions. Investment interest goes on Schedule A, under "Interest You Paid." You may also have to file Form 4952, which provides details about your deduction.
Sadly the section of the Sch A you are looking for was removed from 2018 thru 2025 so you cannot deduct investment expenses.
‎July 3, 2023
8:05 AM