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Investing
Expense? Do you mean the financial institution management fees and other fees charged? Investment *interest* reported on a 1099-INT is always reportable and taxable.
The TCJA (Tax Cuts and Jobs Act) eliminated ALL miscellaneous deductions for 2018-2025. Investment fees are no longer a itemized miscellaneous deduction.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
‎February 29, 2020
8:40 AM