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  • 2006 Form 4952

Get 2006 Form 4952

See Pub. 535 Business Expenses. Purpose of Form Specific Instructions Use Form 4952 to figure the amount of for 2006 and the amount you can carry forward to future years. Include investment income Cat. No. 13177Y Form 4952 2006 trust. Also include on line 4a or 4d if applicable net passive income from a passive activity of a publicly traded partnership as defined in section 469 k 2. If zero or less enter -0- Part III Identifying number Investment.

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An investment interest expense is any amount of interest that is paid on loan proceeds used to purchase investments or securities. Investment interest expenses include margin interest used to leverage securities in a brokerage account and interest on a loan used to buy property held for investment.

Use Form 4952 to figure the amount of investment interest expense you can deduct for 2022 and the amount you can carry forward to future years. Your investment interest expense deduction is limited to your net investment income. For more information, see Pub. 550, Investment Income and Expenses.

Investment interest goes on Schedule A, under "Interest You Paid." You may also have to file Form 4952, which provides details about your deduction.

Use Form 4952 to figure the amount of investment interest expense you can deduct for 2022 and the amount you can carry forward to future years. Your investment interest expense deduction is limited to your net investment income. For more information, see Pub. 550, Investment Income and Expenses.

Investment interest is deductible as an itemized deduction but limited to net investment income. Net investment income is defined as the excess of investment income over investment expenses (Sec. 163(d)(4)(A)).

Investment interest is deductible only to the extent of the taxpayer's net investment income. Any excess investment interest expense that is disallowed is carried forward indefinitely until net investment income is recognized.

Form 4952 is also used to make the election to report capital gains or qualified dividends as investment income. Unless specified by the taxpayer on the form, any net capital gains are used first where the taxpayer is electing to have both capital gains and qualified dividends treated as investment income.

If your investment interest expenses are less than your net investment income, the entire investment interest expense is deductible. If the investment interest expenses are more than the net investment income, you can deduct the expenses up to the net investment income amount.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232