topic How do I deduct for margin interest? in Deductions & credits

How do I deduct for margin interest?

rangermorton — Tue, 04 Jun 2019 22:47:03 GMT

Margin Interest is deductible as Investment Interest Expe...

ChelsiE2 — Tue, 04 Jun 2019 22:47:04 GMT

Margin Interest is deductible as Investment Interest Expense.

To input your Investment Interest Expense in TurboTax Premier/Deluxe:

Click the Federal Taxes tab
Click Deductions & Credits
Scroll down to the Retirement and Investments section
Click the blue Show More in this section
Click Start (or Revisit) next to Investment Interest Expense

Please see attachment for reference.

Re: Margin Interest is deductible as Investment Interest Expe...

George391_Wang2 — Mon, 26 Apr 2021 20:02:20 GMT

I follow your instruction to input my margin interest, but i did not get the form 4952 which report my margin interest in in my tax package. I need to discuss with your tax experts to solve this problem. how i access your tax expert ? please email me