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Level 1
June 1, 2019
Solved

I know I can't deduct my investment management fees on my 2018 Federal Return, but can I do that on my Virginia state return?

Mt financial planner thought that I could deduct his fees on my 2018 Virginia State Return.

Alumni - Intuit
June 1, 2019

Virginia has adopted the Federal tax law and does not permit a deduction for investment expenses on the Virginia Schedule A. Please view the 2018 Virginia form in the link below.

https://tax.virginia.gov/sites/default/files/inline-files/draft-2018-schedule-a.pdf

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1 reply

Alumni - Intuit
June 1, 2019

Virginia has adopted the Federal tax law and does not permit a deduction for investment expenses on the Virginia Schedule A. Please view the 2018 Virginia form in the link below.

https://tax.virginia.gov/sites/default/files/inline-files/draft-2018-schedule-a.pdf

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"