On my composite 1099 form, the investment lists Miscellaneous Fees in the category Fees & Expenses not reported to the IRS. Can I deduct these Miscellaneous Fees charged by the investment management company?
011062
1 Replies
AnnetteB6
Expert Alumni
Mar 28, 2025 5:04:59 AM
No, investment management fees are not deductible on your Federal return.
However, some states may allow a deduction only on the state return.