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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Henry Eichorszt who wrote (17683)3/13/1998 5:15:00 PM
From: Tito L. Nisperos Jr.  Read Replies (1) | Respond to of 70976
 
Henry, use Form 4952 to report Investment Interest Expense, only if you have gains. Example:---you have a net gain in 1997 of 2K in the stock market and you spent 3K on margin interests; 2K could be applied for 1997 and the rest---to be applied on later years where you have gains...