Income Taxes and Record Keeping ( tax ) Message Board

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

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To: Jason Rooks who wrote (961)	4/6/1998 10:21:00 PM
From: Colin Cody	Read Replies (1) of 5810

Jason, YES, Congress gave taxpayers a fairly large "standard deduction" so they wouldn't have to be nickle and dimed with itemizations. . So you can use the standard deduction -- OR if you have enough to go over the "generous" allowance Congress gives us, THEN you can itemize your expenses, of which your Investment Interest is a part. . Colin

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