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Non-Tech : Enhancing Profits Through Incorporating

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To: Bonnie Bear who wrote (55)3/23/1997 3:46:00 PM
From: SE   of 88
 
Bonnie,

Just read ames post that he linked for you in his message to you. The only thing in there that I would disagree with is that investment interest is not subject to the 2% rule on Schedule A. It is subject to the investment income limitations. As I stated in my original post on the subject, I do not now know the correct filing procedure for the invesment interest portion. I would assume the Schedule C approach is correct, because if on Schedule A, you need the Investment Interest form which will limit you. Again, this is supposition on my part as I have not fully researched the investment interest piece of the equation.

Scott
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