lonny1
New Member

Where do I enter investment expenses. Specifically carrying charges or interest expenses. On my tax return it was entered on line 221.

 
TurboTaxTrevor
New Member
Charles 3
New Member
TurboTaxKim
Moderator

Investors and rental owners

To enter Carrying Charges, Investment Interest paid or Investment Management Fees (IMFs), in TurboTax Online or the EasyStep view of TurboTax Desktop:

  • Click on FIND (little magnifying glass on the top right)
  • Type in investment, highlight Investment Expenses and click GO
  • From the page titled Investment Expenses, choose the expense you wish to claim a deduction for.

You can also find this from the sidebar of TurboTax by clicking on Income > Investment Expenses