tmd578
New Member

Where do I enter interest paid on a SPA Loan (NOT a SBA or student loan,it is specific to my investment portfolio - Stifel Pledged Asset Loan)?

I did not receive any sort of 1099 or "official" tax document for this, only a letter from Stifel stating the amount of interest paid. 

More info:

"The SPA Account is a Line of Credit secured by your investments or marketable securities." "The Stifel Pledged Asset, or SPA Loan Account, keeps your assets in place while providing you access to the equity within those assets as cash." "The SPA Account is a demand loan using the assets in the account as collateral."