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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 Reply
DawnC
Employee Tax Expert

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

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.
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