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Can investment fees be deducted from Virginia state taxes in 2018?

I am not able to deduct investment fees from on my fed return but what about on the Virginia return?

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IreneS
Intuit Alumni

Can investment fees be deducted from Virginia state taxes in 2018?

UPDATED FOR TAX YEAR 2019

 

No - investment fees cannot be deducted from VA state taxes in 2019.  Virginia generally conforms to the federal regulations and does not include miscellaneous deductions subject to the 2% floor.

 

[Edited | 4/10/2020 |  1:00pm PDT]

 

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1 Reply
IreneS
Intuit Alumni

Can investment fees be deducted from Virginia state taxes in 2018?

UPDATED FOR TAX YEAR 2019

 

No - investment fees cannot be deducted from VA state taxes in 2019.  Virginia generally conforms to the federal regulations and does not include miscellaneous deductions subject to the 2% floor.

 

[Edited | 4/10/2020 |  1:00pm PDT]

 

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