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Level 1
June 4, 2019
Question

Ira custodial fees

  • June 4, 2019
  • 1 reply
  • 20 views
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?

1 reply

VolvoGirl
Level 15
June 4, 2019
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.