How is margin interest treated in individual income tax calculations?

Discussion in 'Taxes and Accounting' started by dancalio, Nov 17, 2008.

  1. dancalio


    Is it deducted/added from your total profit/loss (as it should be)?

    Or do you have to pay it as an additional fee that isn't deducted (as it possible under an arbitrary tax policy)?

  2. It is all explained in IRS Publication 550 - Investment Income And Expenses.