Reading through a post the other day on another board, someone was claiming that you can deduct margin interest. Is this true?My sitaution: If I sold some stock in '98 for a loss but also sold another stock for a gain, could I deduct the margin interest that accumulated in the account? I will be about even for the year in my gians/losses. My losses may even out run my gains sold for '98.How does the IRS view margin interest and how do they track exactly which asset is margined? How could track it?Corey
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