Search Help

Enter one of more keywords to search. Use quotes for “exact phrase.” Note that '*' and '?' wildcards are supported.

When your search results appear, you can refine your search further: Sort for only results in which all search terms appear AND/OR sort by chronological order.

Article Date:
September 2008

Word Count:



New Ruling on Investment Interest Above the Line

Above-the-line deductions are best. This is what you want. Above-the-line deductions directly reduce your adjusted gross income.


In contrast, below-the-line deductions equate roughly to getting hit below the belt. Itemized deductions go below the line and suffer various indignities.


Investment interest deductions below the line



can suffer AMT adjustments that increase your taxes, and


do not reduce your phaseouts and therefore cause a tax increase when compared to investment interest above the line.


Good News


As an individual taxpayer, you may deduct investment interest to ... Log in to view full article.

Already a subscriber?
Email Address

You’ll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter
Not yet a subscriber?
with a money-back guarantee

Powered by Cranium Softworks - CMS, Subscription Mgmt & Web Development