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March 14, 2025
Question

Will a Form 4952 be generated if total investment interest expense is only $2?

  • March 14, 2025
  • 1 reply
  • 0 views
At the "File" step now, but Print Center shows no 4952 in set.

    1 reply

    DawnC
    Employee
    March 14, 2025

    If you are taking the standard deduction, you won't see that form.  

     

    • The deduction for investment interest expenses is limited to the amount of taxable investment income earned in the same year.
    • Investment interest can only be claimed by itemizing deductions on Schedule A and filing Form 4952.
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