MinhT
Expert Alumni

Investors & landlords

On form 8960, miscellaneous investment expenses on line 9c can be deducted only to the extent these items are deductible in Schedule A. As the new tax law has suspended the itemized miscellaneous deduction, these expenses are not deductible on form 8960 either.

Please see the instructions for form 8960, especially on page 18:

https://www.irs.gov/pub/irs-pdf/i8960.pdf

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