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URL:  http://boards.fool.com/you-report-the-investment-interest-deduct-up-to-11490134.aspx

Subject:  Re: interest deduction Date:  11/8/1999  8:18 PM
Author:  jozerandy Number:  20708 of 121585

You report the investment interest, deduct up to your net investment income, then carry the rest over to next year.

Investment income covers all sources (i.e. money market funds, savings accounts, credit union accounts, rental income, long & short term capital gains, etc.) or just dividends earned against the stock I've margined? Sheesh...the price you pay for democracy...death, taxes, alumni association...


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