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Are fees paid when brokerage accounts were closed deductible? IRS regulations - no deduction of investment expenses; CA allows it. Does it need to be >2.5% MAGI?

 
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Are fees paid when brokerage accounts were closed deductible? IRS regulations - no deduction of investment expenses; CA allows it. Does it need to be >2.5% MAGI?

Correct. No federal deduction and miscellaneous deduction for CA subject to 2% AGI limitation. 

Are fees paid when brokerage accounts were closed deductible? IRS regulations - no deduction of investment expenses; CA allows it. Does it need to be >2.5% MAGI?

Got it. Thank you!

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