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Strategies & Market Trends : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?


To: Daniel Pomp who wrote (176)2/26/1998 12:53:00 PM
From: Colin Cody  Read Replies (2) | Respond to of 1383
 
Daniel, see sch A, line 13 and IRS form 4952 to handle the investment interest.
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From what you posted you get no deduction, but will carry it forward to subsequent years.
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Colin