Your margin interest can be included with itemized deductions and can be entered by using the steps below.
1. Sign into your
TurboTax
account (
online or desktop
)
2. Click the Personal tab at the top of the screen (if you are NOT using TurboTax Home & Business it’s the
Federal Taxes
tab);
3. Then pick
Deductions & Credits
and I'll choose what I work on;
4.Scroll down to the
Retirement & Investments
section
5. Start or Update
Investment Interest Expenses
category.