Message Font: Serif | Sans-Serif
No. of Recommendations: 0
<i.e. your interest expense can become an offset against other investment income.>


Coincidentally, this is exactly the information for which I was looking today. This margin interest expense thing is new to my account and I searched last year's 1040 tax guide, but came up empty. It talks of transaction costs, but never directly mentions margin expenses as one of those costs. Is it usually mentioned in the tax guides? Am I just missing it? Where can a do-it-yourself taxee get this guidance?

Go Pack!

Philip D.
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.