Investment Interest Expenses
Prior to the change in the tax law, investors could deduct expenses such as investment advice, IRA custodial fees and accounting costs. However, these miscellaneous deductions are eliminated for 2018. You can, however, claim a deduction for your investment interest expenses, which is the interest paid on money borrowed to purchase taxable investments. The amount that you can claim for the deduction is capped at your net taxable investment income for the year.
Pages: Page 1, Page 2, Page 3, Page 4, Page 5, Page 6, Page 7, Page 8, Page 9, Page 10, Page 11, Page 12, Page 13, Page 14, Page 15, Page 16, Page 17, Page 18, Page 19, Page 20, Page 21, Page 22, Page 23, Page 24, Page 25, Page 26, Page 27, Page 28, Page 29, Page 30, Page 31, Page 32, Page 33, Page 34, Page 35, Page 36, Page 37, Page 38, Page 39, Page 40
4 thoughts on “Every Single Tax Deduction You Could Possibly Ask For”
What a great summary…thank you!
This is extremely concise and helpful!
Much appreciated Very Informative Thanks
Much Appreciated info in a great floor Mate easy to understand I will be asking some questions this year from our tax man this year 2019