SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Gorilla and King Portfolio Candidates
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: FWS who wrote (41725)4/13/2001 4:56:43 PM
From: Jacob Snyder   of 54805
 
re: tax question:

Get Turbotax. It walks you through the numbers. You can:

1. deduct margin interest only up to the max of your dividend + interest income, or
2. move cap gains (LT or SH) into "regular income" catagory, up to the total of your margin expense.

Turbotax will crunch the numbers, so you can compare the two choices (an exceedingly long and tedious process to do by hand). If you don't use all your margin interest this year, you can carry it over to next year.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News