Form 4952 - Nov 2006

Form 4952 is used by individuals who have investment interest expenses to claim the Investment Interest Expense Deduction. This deduction allows taxpayers to deduct their investment interest expenses from their taxable income, reducing their overall tax liability. The form must be submitted to the Internal Revenue Service.

Individuals who have investment interest expenses should fill out this form.

The completed Form 4952 should be submitted to the Internal Revenue Service.