Jump to content

Margin Interest Fees - entered as carrying costs?

Recommended Posts

Are they considered carrying costs (aka - should I enter interest on my margin account as a carrying cost or enter it somewhere else)?

It makes sense to include them as carrying costs since it is similar to taking out a loan to make an investment.

Link to comment
Share on other sites

Hello DaleH

Line 22100 – Carrying charges, interest expenses, and other expenses

most interest you paid on money you borrowed for investment purposes, but generally only if you use it to try to earn investment income, such as interest and dividends


Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Create New...