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#2
02-17-2006, 12:43 PM
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 Re: Margin interest 0b3hks001[at]sneakemail.com wrote: - quote - > on which line of the Form 1040 is the Margin Interest
It's not. It is line 13 of Schedule A.> reported? JOE << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#1
02-17-2006, 12:43 PM
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| Re: Margin interest 0b3hks001[at]sneakemail.com wrote: - quote - > on which line of the Form 1040 is the Margin Interest
See the instructions for Line 13 of Form 1040 Schedule A.> reported? << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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02-17-2006, 05:25 AM
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| Re: Margin interest 0b3hks001[at]sneakemail.com wrote: - quote - > on which line of the Form 1040 is the Margin Interest
It goes on Line 1 of Form 4952. You use the rest of Form> reported? 4952 to determine whether you get to deduct any of the interest. If yes, for most people the deduction will show up on Line 13 of Schedule A. --Chris Ballard << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
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#-1
02-16-2006, 06:02 PM
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| Margin interest on which line of the Form 1040 is the Margin Interest reported? TIA << ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== > |
| Tags |
| interest, margin |
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