To enter Investment Expenses in TurboTax:
- Click on Federal Taxes
- Click on Deductions and Credits
- Click on I'll choose what I work on (if shown)
- Scroll down to Retirments and Investments
- On Other Investment Expenses, click on the start or update button
Note: The investment-related expenses – along with your other miscellaneous itemized deductions – must exceed two percent of your adjusted gross income (AGI) to be deductible. For example, if your AGI is $50,000, you can deduct only the amount that exceeds $1,000.
