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Deductions & credits
Up to tax year 2017, investment expenses were part of miscellaneous itemized deductions subject to the 2% of AGI floor.
Under the Tax Cuts and Jobs Act, the miscellaneous itemized deductions subject to the 2% of AGI floor are suspended for expenses incurred after December 31, 2017 through 2025.
Therefore, your investment expenses are no longer deductible for tax year 2018.
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‎June 4, 2019
5:47 PM