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Deduction margin interest ?

1 Reply
Level 10

Deduction margin interest ?

Margin Interest is deductible as Investment Interest Expense.

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

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