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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.

 
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TurboTaxTrevor
New Member

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

Under Income>Investment Expenses

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3 Replies
TurboTaxTrevor
New Member

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

Under Income>Investment Expenses

View solution in original post

Charles 3
New Member

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

 
TurboTaxKim
Moderator

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

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

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