https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/is-it-possible-to-carry-investment-interest-expense-forward-if-using-standard-deduction/01/1452445#M49856 <P>Hello,</P><P>&nbsp;</P><P>I would like to know if it is possible to carry forward investment interest expense from form 4952 if somebody uses the standard deduction for that year. For example, if investment interest expense on form 4952 is $10,000 for 2019, is it possible file this form in 2019 and carry forward this $10,000 to the 2020 form 4952 even if the standard deduction of $12,200 is used in 2019? I have researched this but it is unclear if this form can still be filed even if deductions are not itemized for a given year.</P><P>&nbsp;</P><P>Thank you</P> Mon, 13 Apr 2020 02:12:57 GMT jf0091 2020-04-13T02:12:57Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/is-it-possible-to-carry-investment-interest-expense-forward-if-using-standard-deduction/01/1452445#M49856 <P>Hello,</P><P>&nbsp;</P><P>I would like to know if it is possible to carry forward investment interest expense from form 4952 if somebody uses the standard deduction for that year. For example, if investment interest expense on form 4952 is $10,000 for 2019, is it possible file this form in 2019 and carry forward this $10,000 to the 2020 form 4952 even if the standard deduction of $12,200 is used in 2019? I have researched this but it is unclear if this form can still be filed even if deductions are not itemized for a given year.</P><P>&nbsp;</P><P>Thank you</P> Mon, 13 Apr 2020 02:12:57 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/is-it-possible-to-carry-investment-interest-expense-forward-if-using-standard-deduction/01/1452445#M49856 jf0091 2020-04-13T02:12:57Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-is-it-possible-to-carry-investment-interest-expense-forward-if-using-standard-deduction/01/1452534#M49861 <P>Yes, you can carry the disallowed portion to the 2020 tax year (you will find that amount on Line 7).</P> Mon, 13 Apr 2020 02:34:33 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-is-it-possible-to-carry-investment-interest-expense-forward-if-using-standard-deduction/01/1452534#M49861 Anonymous_ 2020-04-13T02:34:33Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-is-it-possible-to-carry-investment-interest-expense-forward-if-using-standard-deduction/01/1452539#M49862 <P>No it is not possible to carry forward an&nbsp;investment expense into a future year.</P> Mon, 13 Apr 2020 02:35:24 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-is-it-possible-to-carry-investment-interest-expense-forward-if-using-standard-deduction/01/1452539#M49862 DaveF1006 2020-04-13T02:35:24Z https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-is-it-possible-to-carry-investment-interest-expense-forward-if-using-standard-deduction/01/1452890#M49870 <P><span class="lia-inline-image-display-wrapper lia-image-align-inline" image-alt="49.png"><img src="https://ttlc.intuit.com/community/s/skins/images/FBA2B0A9D50362D55C2D34D8829D602A/responsive_peak/images/image_not_found.png" alt="49.png" /></span></P> Mon, 13 Apr 2020 04:40:19 GMT https://ttlc.intuit.com/community/investments-and-rental-properties/discussion/re-is-it-possible-to-carry-investment-interest-expense-forward-if-using-standard-deduction/01/1452890#M49870 Anonymous_ 2020-04-13T04:40:19Z