- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
The miscellaneous fees and expenses (identified as Management Fees) are not reported on the 1099-B entry screen. Management Fees have historically been reported on Schedule A subject to the 2% of AGI floor. Unfortunately, in 2018 the Miscellaneous deduction of 2% of the AGI Floor section was eliminated under the Tax Cut and Jobs Act of 2017. This cut is for the period of 2018 through 2025.
Currently, you cannot claim these management fees.
‎February 12, 2022
4:25 PM
691 Views