Get 2013 Form 4952. Investment Interest Expense Deduction

Navigating tax forms can be daunting, but understanding how to complete the 2013 Form 4952 for investment interest expense deduction will help ensure you claim the benefits you are entitled to. This guide provides clear, step-by-step instructions tailored to your needs.

Follow the steps to effectively complete your Form 4952 online.

1. Click ‘Get Form’ button to obtain the form and open it in your preferred editor.
2. In Part I, input your total investment interest expense paid or accrued during the tax year on line 1. This includes interest from loans used for investment purposes.
3. On line 2, report any disallowed investment interest expense carried forward from your 2012 Form 4952.
4. Add lines 1 and 2 to get your total investment interest expense on line 3.
5. Move to Part II, Line 4a, and enter the gross income from property held for investment. Exclude any net gain from the sale of investment property.
6. On line 4b, enter the qualified dividends included in line 4a.
7. Calculate the difference on line 4c by subtracting line 4b from line 4a.
8. On line 4d, report any net gain from the disposition of property held for investment.
9. On line 4e, enter the smaller amount between line 4d and your net capital gain.
10. If applicable, elect to include any amounts from lines 4b and 4e in line 4g.
11. Calculate total investment income on line 4h by adding lines 4c, 4f, and 4g.
12. List any investment expenses on line 5, ensuring you exclude any deductions from passive activities.
13. Calculate your net investment income on line 6 by subtracting line 5 from line 4h.
14. In Part III, line 7 addresses disallowed investment interest expense to carry forward to 2014; this is the result of subtracting line 6 from line 3.
15. On line 8, enter the smaller amount between line 3 and line 6 as your investment interest expense deduction.
16. Once all fields are complete, you can save changes, download, print, or share the form as necessary.

Complete your 2013 Form 4952 online to ensure you maximize your investment interest expense deduction.