MayaD
Expert Alumni

Deductions & credits

Yes it is deductible on CA return but they are limited to expenses that exceed 2% of your federal AGI (Adjusted Gross Income). 

Franchise Tax Board.

 

Enter the expenses on your Federal return and TurboTax will carry over the information to CA return. 

  1. Go to Deductions and Credits
  2. Scroll down to Retirements and Investments 
  3. Select Other Investment Expenses.

 

 

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