Can I claim professional financial management fees against short term capital gains

posted

Connect with an expert

1 Reply

Can I claim professional financial management fees against short term capital gains

Can I claim professional financial management fees against short term capital gains

No, you cannot. Investment management fees (aka advisor fees) are miscellaneous itemized deductions subject to the 2% floor of AGI and were eliminated by tax reform (the TCJA) for the 2018-2025 tax years.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post