Hi MaryK1101 - thank you for your reply.
I think what's confusing me is whether I can take the expense at all? You mention it being an itemized deduction and imply I can take the deduction (if my itemized are greater than the standard...) However TurboTax, the application, says:
"Under the new tax law, investment expenses aren't deductible on your federal return, but some states still allow you to deduct them on your state return. ..."
I don't know if this message from TurboTax is accurate or an over-sight (not updated, for example). What it implies is, I can't even take the deduction for investment expenses at all, regardless of itemized/standard deduction situation. Is there a 'new tax law' forbidding deduct-ability of investment expenses?
Investment Expenses - as an investor - can I claim them AT ALL on my Federal return?
If not, does making capital gains through an LLC - still as investments - change that in any way?
