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#5
02-10-2005, 06:49 AM
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 Re: margin interest but not itemizing MB_ wrote: - quote - > I have about $75. of margin interest.
Any way: POSSIBLY!> Is there any way that I can deduct this as a non-itemizer? Only if Form 4952 indicates that it carries over in full to the next year and you itemize in that future year. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#4
02-10-2005, 06:10 AM
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| Re: margin interest but not itemizing Yes: Take the standard deduction for your filing status. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#3
02-09-2005, 04:53 AM
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| Re: margin interest but not itemizing MB_ wrote: - quote - > I have about $75. of margin interest.
No.> Is there any way that I can deduct this as a non-itemizer? << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#2
02-09-2005, 03:36 AM
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| Re: margin interest but not itemizing - quote - > I have about $75. of margin interest.
No.> Is there any way that I can deduct this as a non-itemizer? << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
02-09-2005, 03:36 AM
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| Re: margin interest but not itemizing "MB_" <mel[at]prodigy.invalid.net> wrote: - quote - > I have about $75. of margin interest.
No.> Is there any way that I can deduct this as a non-itemizer? -- David M. Woods, EA, ChFC, CLU Woods Financial Services Norwood, MA 02062 www.woods-financial.com << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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02-09-2005, 02:20 AM
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| Re: margin interest but not itemizing "MB_" <mel[at]prodigy.invalid.net> writes: - quote - > I have about $75. of margin interest.
No.> Is there any way that I can deduct this as a non-itemizer? -- Rich Carreiro rlcarr[at]animato.arlington.ma.us << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
02-07-2005, 06:36 PM
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| margin interest but not itemizing I have about $75. of margin interest. Is there any way that I can deduct this as a non-itemizer? MB << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| interest, itemizing, margin |
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