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-   -   Margin Interest (https://www.askmehelpdesk.com/showthread.php?t=182093)

  • Feb 9, 2008, 10:08 AM
    jasoos007
    Margin Interest
    Dear All,

    Once again I am in need for help. The question is very simple.. can I deduct the interest I pay on my margin brokerage account. How about if I don't itemize my deduction ?

    Thanks
    :confused:
  • Feb 13, 2008, 03:16 PM
    AtlantaTaxExpert
    To claim that margin interest, you MUST itemize. Otherwise, you lose it.

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