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Deductions & credits
Due to the Tax Cuts and Job Acts TCJA, you cannot deduct any of the investment expenses anymore on your 2019 tax return including the financial advisory fees. Before the TCJA, they were allowed on your Schedule A as miscellaneous expenses that are subject to 2% of your Adjusted Gross Income AGI.
[Edited 4/6/2020 | 6:13 PM]
‎June 3, 2019
12:13 PM