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Deductions & credits
I saw someone posted this last year regarding ADR fees:
"Yes. Under the new tax law, other investment expenses do not count on your federal return. They do count on the California return. Here is how to enter them:
Federal
Deductions & Credits
Retirement and Investments
Other Investment Expenses"
Is this accurate for the State of California as it relates to taking ADR Advisory Custodial fees?
‎February 21, 2023
2:46 PM