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My 1099 brokerage statement has a "Fees and Expenses" section at the end, pertaining to a gas and oil royalty reported on the 1099misc. Is this tax deductible?
The same figures are reported under "Reconciliations, Fees, Expenses, and Expenditures" Can I deduct "Total Admistrative Expense" from "Total Misc. Income"?
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March 19, 2023
7:58 AM