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How do I deduct margin interest paid?

2 Replies
Level 15

How do I deduct margin interest paid?

type "margin interest" into the FIND box.

Not applicable

How do I deduct margin interest paid?

goes to form 4952 and from there the deductible portion goes to schedule a.   won't do you any good unless your itemized deductions exceed your standard deduction.  if you use the standard deduction the otherwise deductible amount is lost.   

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