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G
ginasatomi
Level 1
June 3, 2019
Question

How to enter financial management fees into deduction?

  • June 3, 2019
  • 2 replies
  • 26 views
No text available

2 replies

M
Marketstar
Level 12
June 3, 2019

To enter financial management fees:

  • Type in investment advisor fees in the search box, top right of your screen, then click the magnifying glass

  • Click the jump to investment advisor fees slink in the search results.

  • Follow the onscreen instructions to enter

 

P
potentilla
Level 4
April 13, 2020

This answer is not helpful. The link just takes to all "deductions and credits" page without the specifics for where to enter investor advisor fees. No help is needed to get us there. The only thing related is in other investment expenses where it says : Under the new tax law, investment expenses aren't deductible on your federal return, but some states still allow you to deduct them on your state return. We'll figure out if these expenses can affect your state return and do the calculations for you.  Under the "Retirements and investments" Other investment expenses" there is a space for advisor fees

DaveF1006
DaveF1006
Level 15
April 14, 2020

That is where you would enter investment expenses even though it states these are not deductible for the federal or state because of the new tax law.

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