Can I Take Investment Management Fees?

[georgesT]

Yes!

Investment management fees are a tax-deductible expense. They can be listed on Schedule A under the miscellaneous deduction(Itemized Deductions) subject to 2% of your adjusted gross income. 

[reiblynn]

I thought this was repealed in 2018 by the Tax Cuts and Jobs Act (TCJA) effective tax year 2018.

[DoninGA]

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@reiblynn wrote:

I thought this was repealed in 2018 by the Tax Cuts and Jobs Act (TCJA) effective tax year 2018.

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They were removed in 2018.

The answer above was for pre-2018 tax return even though date shows as 2019.  When the answers from the prior forum were ported over to this forum the dates from the original answers changed to the date of the transfer to this forum.  Confusing on many levels...to say the least.

See this TurboTax support FAQ for the tax code changes starting in tax year 2018 - https://ttlc.intuit.com/community/tax-reform/help/how-will-tax-reform-affect-my-federal-tax-return/0...