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Strategies & Market Trends : Income Taxes and Record Keeping ( tax )

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To: Nasty P who wrote (114)10/20/1997 6:15:00 PM
From: RealMuLan   of 5810
 
Nasty: This is a generic question. Suppose I borrowed some money from Credit card for stock trading, and got some capital gain from it. I know one can claim Margin interest as part of the cost, what about the interest on credit card? And no doubt, it is part of cost. Which form should be used to claim credit card interest as cost? Thanks you in advance.
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