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trunt
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Can you tell me where to etter my Merill Lynch advisory fee on my omlie reurn?

 
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JulieCo
New Member

Can you tell me where to etter my Merill Lynch advisory fee on my omlie reurn?

The Tax Cuts and Jobs Act of 2017 suspended the deduction for investment expenses, starting in 2018, so they are no longer deductible on your federal return.  

Fees for investment costs used to be deductible as a miscellaneous itemized deduction, to the extent they and other costs exceeded 2 percent of your adjusted gross income.

See more information below related to 2018 Tax Reform changes:

https://ttlc.intuit.com/replies/6973218



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