DianeW
Expert Alumni

Deductions & credits

Your margin interest can be included with itemized deductions and can be entered by using the steps below.

1. Sign into your TurboTax account (online or desktop)

2. Click the Personal tab at the top of the screen (if you are NOT using TurboTax Home & Business it’s the Federal Taxes tab);

3. Then pick Deductions & Credits and I'll choose what I work on;

4.Scroll down to the Retirement & Investments section 

5. Start or Update  Investment Interest Expenses category.

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