How do I enter Margin Fees?

[29fred39]

Where do I enter Margin Interest fees?

[chelseaosborn21]

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]

Margin Interest is deductible as an Investment Interest Expense.

To input your Investment Interest Expense:

1. Go to Federal Taxes
2. Deductions & Credits
3. Scroll to Retirement and Investments 
4. Select Investment Interest Expense
5. 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