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Author: Crosenfield Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121219  
Subject: Re: debit interest from margin Date: 3/6/2000 2:25 PM
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On Schedule A you can deduct margin interest up to the limit of your investment income.
If the margin interest is more than your investment income, you can carry the balance forward to future years when hopefully you will have more investment income.
If you don't expect to be making income, obviously you should not borrow on margin!
Best wishes, Chris
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