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Where Does Disallowed Margin Interest From 2021 Get Entered into TTax?
I am looking at the actual IRS 4952 "Investment Interest Expense Deduction." Line 2 on the actual form says "Disallowed investment interest expense from 2021 Form 4952, line 7." In TTax, I bring up 4952 in TTax but it's not the actual form--it's a worksheet and then TTax will populate the form off the worksheet. Nowhere on this worksheet is there a place for me to enter "Disallowed investment interest expense from 2021 Form 4952, line 7." WTH? Anyone know a way around this? Where do I enter the amount previously disallowed?
‎August 17, 2023
1:07 PM