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Question

are investment portfolio management fees deductible?

Forum|Forum|2 months ago
April 7, 2026
2 replies
10 views

if a stock broker charges a management fee can i deduct the expense?

TurboTax Online

Level 15

@DonDen2021 wrote:
if a stock broker charges a management fee can i deduct the expense?

No. The fee is a miscellaneous itemized deduction that was eliminated by tax reform (the TCJA).

Level 15

It depends.

If you file a Sch C as a trader, you can deduct the fees as business expenses.
If you are a personal investor, it is not deductible.

If you borrow money to buy taxable investments (like margin interest) it is deductible up to the amount of your net investment income.

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