In bankruptcy or divorce, the involved party's recent federal tax returns should be carefully examined with respect to Investment interest expense deductions. Such deductions suggest the existence of a margin-based brokerage account.

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Investment interest expense deductions are typically associated with margin-based brokerage accounts, which allow the investor to borrow funds to finance their investments. Therefore, examining a party's recent federal tax returns can provide important information in bankruptcy or divorce cases.

In Bankruptcy or Divorce, the Involved Party's Recent Federal Tax