DaveF1006
Expert Alumni

Deductions & credits

You didn't really mess up and I appreciate your answer. You did clarify one point for me though and that these interest expenses would not be deductible unless there is income from the investment or an appreciation in the value of the stock. These would be reported on  Form 4952. 

 

For future reference, I have saved your answer for any future posts regarding subject. Thank you so much for clarifying this and I will edit my original answer.

 

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