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New Member
posted Jun 4, 2019 1:35:29 PM

Ira custodial fees

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?

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1 Replies
Level 15
Jun 4, 2019 1:35:30 PM

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.