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I trade stocks daily, can I deduct expenses such as a membership to an advisory newsletter and educational forum dedicated to teaching effective risk management.
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June 5, 2019
10:57 PM
last updated
June 05, 2019
10:57 PM
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I trade stocks daily, can I deduct expenses such as a membership to an advisory newsletter and educational forum dedicated to teaching effective risk management.
Yes, those expenses would be deductible as an itemized deduction (Schedule A) under the miscellaneous expenses. The total miscellaneous expenses would have to exceed 2% of your adjusted gross income in order to receive a tax benefit.
https://ttlc.intuit.com/questions/2902781-what-is-the-2-rule
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June 5, 2019
10:57 PM
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