Level 1

posted Mar 13, 2025 6:22:41 PM

Will a Form 4952 be generated if total investment interest expense is only $2?

At the "File" step now, but Print Center shows no 4952 in set.

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1 Replies

Expert Alumni

Mar 13, 2025 6:32:46 PM

If you are taking the standard deduction, you won't see that form.

The deduction for investment interest expenses is limited to the amount of taxable investment income earned in the same year.
Investment interest can only be claimed by itemizing deductions on Schedule A and filing Form 4952.