One last thing, if I may...On the page for Make a Capital Gain Election, if I choose to elect $16,254 of my qualified dividends to Cap Gains, then it tells me "...
4592 or 4952?"The IRS allows certain taxpayers to take a tax deduction for the interest expense on some loans using Form 4952. However, the tax ramifications of...
Thank you!I am Married filing Jointly... You said I must be itemizing - how do I do that? I thought TT walked me through that and me entering Margin expense and...
Thank you for your reply!Unfortunately I am still a bit confused. The message on my TT didn't mention anything about claiming the Standard deduction instead, li...
Hi, Can someone please help. For some reason my investment interest expense just keeps getting bigger and bigger and instead of offsetting the Dividend and Inte...
