Deductions & credits


@LCoop wrote:

I thought that investment fees are no longer tax deductible as of TY2018?!  You mean that these fees are still deductible about 2% of inclome? 


@LCoop  That is correct, in 2018 all 2% itemized deductions were eliminated.

 

Don't be misled by the "supposed" posting date of the question. That is a question that migrated from the old "Answer Exchange" (AXE) to this new "Community". The old postings have the date of the migration (6-03-2019) and not the actual date of the post which could have been anytime prior to that.

 

The original post was probably  posted 2-3 years ago when that deduction still existed but the posting date was lost.

 

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**