It depends.
If the advisor and account fees are debited to your retirement account, then you cannot deduct as all earnings, dividends and expenses within the retirement account are tax-deferred.
If you pay these fees separately outside of your retirement account, you can deduct them as investment expenses.
To deduct investment expenses in TurboTax, follow these steps:
It depends.
If the advisor and account fees are debited to your retirement account, then you cannot deduct as all earnings, dividends and expenses within the retirement account are tax-deferred.
If you pay these fees separately outside of your retirement account, you can deduct them as investment expenses.
To deduct investment expenses in TurboTax, follow these steps: