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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).
Enter the expenses on your Federal return and TurboTax will carry over the information to CA return.
- Go to Deductions and Credits
- Scroll down to Retirements and Investments
- Select Other Investment Expenses.
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‎April 10, 2025
12:18 PM
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