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Strategies & Market Trends : Technical analysis for shorts & longs

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Nov 14 4:00 PM EST

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To: Logain Ablar who wrote (36812)	4/24/2002 5:06:46 AM
From: Johnny Canuck	Read Replies (1) of 68046

Tim or anyone who has had this problem, I am doing my Canadian taxes this week and for the first time in my trading/investing experience I have some daily margin interest to claim as an expense against my gains and losses. The only problems is that I only get a statement that states the total margin interest for the month. So how do I deal with months where I have opened and closed multiple positions during the month. The position were started and closed at different times of the month and may have been opened for a few days or a few weeks. I am assuming the way it is accounted for in the US is probably similar to Canada. Funny, I have been at this a lot of years and this is the first time I have ever claimed margin interest as an expense.

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