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Investors & landlords
@BRN2CRZ No, you can not take a deduction as they are paid before taxes. You would have to take a distribution which if a roth not taxed then pay them or you would have to pay taxes on a non roth distribution which wouldn't normally help you as the distribution would be taxable. As long as the money used was never taxed, there is no deduction.
The only impact of investment advisory fees would be state tax returns.
Hope this helps.
**I don't work for TT. Just trying to help. All the best.
***Say "Thanks" by marking as BEST ANSWER and clicking the thumb icon in a post and that I solved your question
**Mark the post that answers your question by clicking on "Mark as Best Answer" I am NOT an expert and you should confirm with a tax expert.
***Say "Thanks" by marking as BEST ANSWER and clicking the thumb icon in a post and that I solved your question
**Mark the post that answers your question by clicking on "Mark as Best Answer" I am NOT an expert and you should confirm with a tax expert.
‎July 13, 2020
1:45 PM