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New Member
posted Apr 16, 2022 6:17:50 AM

I spend approximately 1%/year for a financial advisor. Am I able to deduct those fees from my taxes?

Can I deduct Financial Advisor fees on my taxes?

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1 Replies
Expert Alumni
Apr 16, 2022 6:29:03 AM

No,  the Tax Cuts and Jobs Act of 2017, commonly referred to as TCJA, eliminated the deductibility of financial advisor fees from 2018 through 2025