Vanessa A
Expert Alumni

Deductions & credits

Yes, for CA your ADR fees are tax deductible if you are itemizing your CA return.  This would be considered an investment expense.

 

You would enter them by selecting the following:

  • Federal
  • Deductions and Credits
  • Show More next to Retirement and Investments
  • Start next to Other Investment Expenses
  • Select yes you want to enter your Investment Expenses
  • Enter the ADR's under the Investment Advisor Fees section

 

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