Investment interest expenses

[stevepsims]

$4.5 K of investment interest expense (margin account) showed up in last year's summary of deductions but not this year. And the same amount showed up as a negative deduction under "state and local taxes >10 K" resulting in my deductions being $9 K less this year than last year. Have I input the data wrong?

This is a follow-up to the original question about the state and local taxes

[TomD8 · Accepted solution]

See this:  https://turbotax.intuit.com/tax-tips/investments-and-taxes/what-are-deductible-investment-interest-e...