My Client owns a minority interest in several S-Corps which all operate active trades and businesses. The client does not materially participate in any of the activities. All of the S-Corps are profitable and distribute income through to the Client on form 1120-s K-1. Where on the 1040 and under what code section can my client deduct the interest expense he incurred purchasing the shares in the passive S-Corps?

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Sched A investment interest.

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