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How do I add simple bank interest and the safety deposit box fee? - Earl-

 
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How do I add simple bank interest and the safety deposit box fee? - Earl-

As of the tax year 2014, you can no longer claim safety deposit box expenses.

 

Interest expense can be claimed if the money borrowed is used to earn an income: business income/investment income/rental income. For details, please visit TurboTax FAQ: Is Interest Deductible?

 

Where to claim the interest expense, depends on how the money borrowed is used.

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