Are Roth IRA administration fees tax deductable

adamc91 — Thu, 06 Jun 2019 08:23:00 GMT

If you paid them with cash or a check, then you can deduc...

KatrinaB — Thu, 06 Jun 2019 08:23:02 GMT

If you paid them with cash or a check, then you can deduct them as an investment expense. Please view the Turbo Tax FAQ below for more information.

https://ttlc.intuit.com/replies/3301115

To claim the deduction for investment expenses, you must itemize your deductions. Please follow the directions below to enter this expense.

Sign in to your account.
Click take me to my return.
Click my account, at the top of the page.
Select tools in the drop down menu.
Click topic search, type in itemized deductions and click go.
On the next screen, click skip to see all tax breaks.
Click show more, next to Retirement and Investments.
Click start, next to Other Investment Expenses.

topic Are Roth IRA administration fees tax deductable in Retirement tax questions

Are Roth IRA administration fees tax deductable

If you paid them with cash or a check, then you can deduc...