DianeW
Expert Alumni

Investors & landlords

They are a possible deduction for you.

These are investment expenses deducted on Schedule A (Itemized Deductions).  If you take the standard deduction then you don't really get to deduct them.  Also, only the amount of investment expenses in excess of 2% of AGI actually get included in the itemized deductions total.  So most people don't even bother to enter these sort of expenses unless it's a really significant amount.

  • Enter them under the   Deductions & Credits > Retirement and Investments > Other Investment Expenses