How do I enter Margin Fees?

2 replies
89 views

Where do I enter Margin Interest fees?

TurboTax Premier Online

chelseaosborn21

Level 2

From what I can tell, you report it on Schedule A, Itemized Deduction, using Form 4952, Investment Interest Expense Deduction. Hope this helps and good luck!

JohnB5677

Alumni - Intuit

Margin Interest is deductible as an Investment Interest Expense.

To input your Investment Interest Expense:

Go to Federal Taxes
Deductions & Credits
Scroll to Retirement and Investments
Select Investment Interest Expense
Follow the interview.

Types of interest deductible as itemized deductions on Schedule A (Form 1040, Itemized Deductions) include:

Investment interest (limited to your net investment income) and
Qualified mortgage interest including points (if you're the buyer)

Also see: IRS Topic No. 505 Interest Expense

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

How do I enter Margin Fees?

2 replies

Also see: IRS Topic No. 505 Interest Expense

Unlock tailored help options in your account

Get answers to all your tax questions

Also see: IRS Topic No. 505 Interest Expense

Unlock tailored help options in your account

Get answers to all your tax questions

Sign up

Login with SSO

Let's get you signed in

Login with SSO