Solved: Are investment advisory fees deductible on form 8960 in calculating net investment income for the 3.8% investment income tax?

bulls23win1 · Jun 1, 2019 1:04:01 AM

<P>I know it's not deductible as an itemized deduction, trying to understand if it's deductible on form 8960.</P>

Are investment advisory fees deductible on form 8960 in calculating net investment income for the 3.8% investment income tax?

To the limit that they're allowed. The instructions for form 8960 are very clear that they are not currently allowed to be deducted.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Are investment advisory fees deductible on form 8960 in calculating net investment income for the 3.8% investment income tax?