Can I deduct margin loan interest charged in 2025

[DoninGA]

To enter Margin interest -

Click on Federal

Click on Deductions & Credits

Scroll down to Retirement and Investments

On Investment Interest Expenses, click on the start button

[Opus 17]

You can deduct interest on loans you take out to buy investments, but only up to the amount of investment income.  If your investment did not have income (such as, you have not sold the stock yet), the you must list the interest, and it will carry forward, but you won't get an actual deduction until you have income from the investment. 

[Mike9241]

to be of any benefit in 2025 or the future, you must take itemized deductions and not the standard deduction. The standard deduction may provide a bigger deduction than itemizing, in which case any investment interest carryforward is lost.