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Where do I enter investment expenses. Specifically carrying charges or interest expenses. On my tax return it was entered on line 221.
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October 30, 2019
12:56 AM
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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
February 26, 2020
1:06 PM