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>>>...Since my net short-term losses precluded using margin interest this year, will I be able to carry over the margin interest expense and add it to my itemized deductions next year? Or does the use of the standard deduction wipe out the carry over?<<<

Fill out Form 4952. Any amount which ends up on Line 7 can be carried forward to 1999. Any amount which ends up on Line 8, will be lost since you are not itemizing this year.

Ira Smilovitz
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