MARGIN INTEREST PAID - ENTER ON WHICH FORM

[ERKTAR0422]

WHAT FORM IS MARGIN INTEREST ENTERED FOR PERSONAL TAX RETURN

[Just-Lisa-Now-]

I think theres a spot for it on the 1099DIV additional worksheet when you double click on a dividend entry line....or maybe its the 1099INT additional worksheet.

[JDELAHUNT]

It goes on the 4952 for investment interest.

After that form determines if it is deductible or not, it Should be automatically transferred to schedule A.

[Terry53029]

Margin interest that your client paid, is an investment expense. If your clients itemizes, it will be put on 1040 schedule A