vijay-saikrishna
Returning Member

After you file

No, I meant short term gains and not long term gains for the investment interest deductions. I am indeed doing itemized deductions.

 

Let's say I have $400 qualified dividends, $10,000 short-term gain and $1000 investment interest. Turbo tax is allowing me to either deduct upto $400 or rollover the investment interest to next year. I don't have any long term gains.