Investment Fees/ Expenses
In my investment account at the bottom of my 1099 consolidated tax statement it lists fees/expenses. Are these tax deductible ?
In my investment account at the bottom of my 1099 consolidated tax statement it lists fees/expenses. Are these tax deductible ?
@muchopescado wrote:
In my investment account at the bottom of my 1099 consolidated tax statement it lists fees/expenses. Are these tax deductible ?
No. Tax reform (the TCJA) eliminated the deduction for investment expenses (which are miscellaneous itemized deductions on Schedule A).
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