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June 3, 2019
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Investment interest expenses

  • June 3, 2019
  • 1 reply
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$4.5 K of investment interest expense (margin account) showed up in last year's summary of deductions but not this year. And the same amount showed up as a negative deduction under "state and local taxes >10 K" resulting in my deductions being $9 K less this year than last year. Have I input the data wrong?

This is a follow-up to the original question about the state and local taxes

1 reply

TomD8Answer
Employee
June 3, 2019
**Answers are correct to the best of my ability but do not constitute tax or legal advice.