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: Spots who wrote (1000)	4/12/1998 4:35:00 PM
From: Dell-icious	Read Replies (2) of 5810

Form 4952 says that you can deduct margin interest to the extent of investment income (which includes "interest" + dividends + capital gains). What "interest" are they talking about here? Does any credit interest that my brokerage gives me for funds in the brokerage account count in this "interest"? How about interest earned from cash in bank savings accounts? Thanks.

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