Thanks for clarification.
Is my understanding correct, that for the years, i take standard deduction, i lose the investment-interest-expense benefit.
year-1: Standard Deduction. No benefit on investment-interest-expense
year-2: Itemized Deduction. investment-interest-expense > investment-income. $100 carryover expense
year-3: Standard Deduction. No benefit
year-10:Itemized Deduction. Pull carryover from year-2 to do offset with investment-income?
Are year-2 and year-10 details, i mentioned, are those possible and allowed. That is my question.
