Ira custodial fees

[dtmrhodes]

My wife and I have two PTC Cust Rollover IRA account where the advisory fees were $4,745 and $3,125.  Can I used these as Investment Expenses or IRA Custodial Fees?

[VolvoGirl]

Only if you paid the fees with money outside the IRA accounts.  Like if they sent you a bill and you paid it from another account.  If it came out of the IRA accounts you can not deduct it.