Solved
DO I DOANYTHING WITH LOAN/MARGIN INTEREST REPORTED ON INVESTMENT INCOME?
I FOUND THIS INTEREST ON THE STATEMENTS FROM EDWARD R JONES. I NEED TO KNOW IF AND HOW I REPORT IT.
THANK YOU,
CHER
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Deductible investment interest must be paid on a loan used to buy or hold investments that produce taxable income. Or something like that.
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