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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote (41722)	4/12/2001 7:42:51 PM
From: FWS	Read Replies (4) of 54805

Hello All, I know this isn't the tax thread... but I lurk here and respect all of your opinions. Unfortunately I am still fairly young and single and got into alot of margin buying stocks last year. I'd like to know if interest paid for buying stocks on margin qualifies as a standard deduction. ie: can i deduct the 10k I paid in margin interest? or do i have to stick with the standard $4400. thanks fws

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