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Get IRS 4952 2012

T interest expense from 2011. Allocation of Interest Expense If you paid or accrued interest on a loan and used the loan proceeds for more than one purpose, you may have to allocate the interest. This is necessary because different rules apply to investment interest, personal interest, trade or business interest, home mortgage interest, and passive activity interest. See Pub. 535, Business Expenses. Specific Instructions Part I Total Investment Interest Expense Line 1 Enter the investment in.

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