Edward Jones charges me fees to manage my investment. This includes buying,selling,advice etc. Can I claim these fees on my 2021 taxes?

Tim071152 · ‎March 27, 2022

LeonardS · ‎March 27, 2022

No, Investment fees, custodial fees, trust administration fees, and other expenses you paid for managing your investments that produce taxable income are miscellaneous itemized deductions and are no longer deductible. They were excluded as a deduction for tax years 2018- 2025 by the 2017 Tax Cut and Jobs Act

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LeonardS · ‎March 27, 2022

No, Investment fees, custodial fees, trust administration fees, and other expenses you paid for managing your investments that produce taxable income are miscellaneous itemized deductions and are no longer deductible. They were excluded as a deduction for tax years 2018- 2025 by the 2017 Tax Cut and Jobs Act

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

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Edward Jones charges me fees to manage my investment. This includes buying,selling,advice etc. Can I claim these fees on my 2021 taxes?