The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Is margin interest tax deductible Date:  12/29/1998  9:34 PM
Author:  PhotoPhool Number:  7748 of 127545

If I buy stock on my margin account does the interest expense become part of the basis and is thus eventually tax deductible?

Or is the interest expense subtracted somewhere else?
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us