HollyP
Employee Tax Expert

Deductions & credits

Margin Interest is an investment interest expense that is entered by taking the following steps:

  1. Click the Personal tab at the top of the screen (if you are NOT using TurboTax Home & Business it’s the Federal Taxes tab);
  2. Then pick Deductions & Credits and I'll choose what I work on;
  3. Scroll down to the Retirement & Investments section and pick start or update next to the Investment Interest Expenses category.
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