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- If a person doesn't itemize, but has large short-term gains from trading, is the margin interest deductible? If so, where?
If a person doesn't itemize, but has large short-term gains from trading, is the margin interest deductible? If so, where?
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michael-optimal
Level 1
05-03-2021
03:22 PM
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1 Comment 1
sjrcpa
Level 15
05-03-2021
04:04 PM
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Investment interest in this situation is only deductible if they itemize deductions.
The more I know, the more I don't know.
