Yes, those are deductible on Schedule A of Form 1040. If you paid investment expenses like safe deposit box fees or advisor fees you can deduct the amount OVER 2% of your adjusted gross income as an investment expense if you itemize deductions. Go to……Federal TaxesDeductions and CreditsChoose Explore on my own or I'll choose what to work on (if it comes up)Then scroll down to Retirement and InvestmentsOther Investment Expenses - Click the Start or Update button

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hadzicad

Level 1

Solved

Can I deduct my investment advisor fees? these fees show up as misc. fees on my 1099s

Forum|Forum|7 years ago
June 6, 2019
2 replies
12 views

No text available

TurboTax Premier Online

Best answer by Anonymous_

"can I deduct my investment advisor fees?"

Not for 2018 (see below).

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

Anonymous_Answer

Level 15

"can I deduct my investment advisor fees?"

Not for 2018 (see below).

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

PeterM

Level 7

Yes, those are deductible on Schedule A of Form 1040. If you paid investment expenses like safe deposit box fees or advisor fees you can deduct the amount OVER 2% of your adjusted gross income as an investment expense if you itemize deductions. Go to……

Federal Taxes
Deductions and Credits
Choose Explore on my own or I'll choose what to work on (if it comes up)
Then scroll down to Retirement and Investments
Other Investment Expenses - Click the Start or Update button

mspopovich

Level 2

This is inaccurate information as of 2018 tax reform. This should be taken down as an answer. THis was sent to by one of your experts and it's WRONG. The second Expert also told me the expenses were still deductible.