Where do i file investment fees and expenses
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Where do i file investment fees and expenses

I took out a margin against my investments and incurred interest on the margin, where do I enter this information?
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New Member

Where do i file investment fees and expenses

Yes, you can that a deduction for this interest as an investment interest expense.

To enter your investment interest expense in TurboTax Online (for TurboTax Online sign-in, click Here , then select "Take Me to My Return") or Desktop, please follow these steps:

  1. Once you are in your tax return, click on the “Federal Taxes” tab
  2. Next click on “Deductions & Credits”
  3. Next click on "jump to full list" or “I’ll choose what I work on”
  4. Scroll down the screen until to come to the section “Retirement and Investments”
  5. Choose "show more", then Investment Interest Expenses and follow the onscreen instructions


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