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I borrowed money to purchase stock that paid out dividends in 2024. In Turbotax online, where do I enter the investment interest expense for those funds?

 
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Vanessa A
Employee Tax Expert

I borrowed money to purchase stock that paid out dividends in 2024. In Turbotax online, where do I enter the investment interest expense for those funds?

You can enter the investment interest expenses by selecting the following:

  1. Deductions and Credits
  2. Investment Interest Expenses under Retirement and Investments

or you can enter Investment interest expense in the search bar and hit Jump To

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
Vanessa A
Employee Tax Expert

I borrowed money to purchase stock that paid out dividends in 2024. In Turbotax online, where do I enter the investment interest expense for those funds?

You can enter the investment interest expenses by selecting the following:

  1. Deductions and Credits
  2. Investment Interest Expenses under Retirement and Investments

or you can enter Investment interest expense in the search bar and hit Jump To

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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