I AM IN CALIFORNIA.
i HAVE AN IRA ACCOUNT.
MY UNDERSTANDING IS THAT IF THE FEES ARE DEDUCTED DIRECTLY FROM THE IRA ACCOUNT THEY ARE NOT DEDUCTIBLE EVEN FOR CALIFORNIA TAXES. IF FEES AREDEDUCTED FROM WITHIN THE ACCOUNT THEY ARE BEING PAID WITH PRETAX DOLLARS AND THEREFORE ARE NOTDEDUCTIBLE WITH A CALIFORNIA RETURN
IOF PAID FROM OUTSIDE THE IRA AND AFTER TAX DOLLARS ARE USED THEN THEY WOULD BE DEDUCTIBLE , I BELIEVE AS A MISCELLANESOUS EXPENSE
I BELIEVE THE TURBOTAX CALIFORNIA SOFTWARE IS IN ERROR. IT NEVER ASKS WITH PAID FROM WITHIN THE IRA OR PAID PRETAX. ON THE FEDERAL RETURN THERE IS ONE ENTRY TO ENTER BROKER FEES. IT SAYS TO ADD THEM AS SOME STATS ALLOW AND SOME DO NOT. I HAVE FEES DEDUCTED FROM MY IRA. IT NEVER ASKS TIH. I THINK A SOFTWARE BUG
