Yes, if you pay it out-of-pocket outside of the retirement account (assuming it's a tax deferred account). It would be a Miscellaneous itemized deduction on Schedule A. They
are subject to a 2% of Adjusted Gross Income threshold. But, if they are
high enough and you itemize deductions on Schedule A, it might benefit you.
To get to the general area to enter those fees:
While
inside the software and working on your return, type investment
expenses in the Search at the top of the screen (you may see a
magnifying glass there). There will be a popup that says Jump
to investment expenses. Select that to get to the general
area.
Follow the screens to the one that asks for investment advisor
fees (or similar) and enter it there.
On Schedule A (Form
1040), line 23, you can deduct expenses that you pay:
1. To produce or collect income
that must be included in your gross income,
2. To manage, conserve, or
maintain property held for producing such income, or
3. To determine, contest, pay, or
claim a refund of any tax.
You can deduct expenses you pay for the purposes in (1) and (2)
above only if they are reasonably and closely related to these purposes.
