Interesting, didn't know this. However, my investment income is almost completely qualified dividends, so this might not work for me, if I understood this correctly?You can deduct margin interest against your investment income, but only if you treat it as ordinary income instead of qualified dividends.
The form & instructions: https://www.irs.gov/pub/irs-pdf/f4952.pdf
Statistics: Posted by MrJones — Mon Apr 01, 2024 11:39 pm — Replies 5 — Views 288