GeorgeM777
Expert Alumni

Investors & landlords

It doesn't, but Publication 550 does explain the limits on investment interest expenses such as, at risk rules, passive activity loss limits, and the limit on investment interest.  Additionally, investment interest expense must be itemized on Schedule A.  Thus, if your standard deduction is greater than your investment interest expense, TurboTax will default to the standard deduction and apply the standard deduction to your return.

 

@Solent

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