Please see above
You'll need to sign in or create an account to connect with an expert.
Up to tax year 2017, investment expenses were part of miscellaneous itemized deductions subject to the 2% of AGI floor.
Under the Tax Cuts and Jobs Act, the miscellaneous itemized deductions subject to the 2% of AGI floor are suspended for expenses incurred after December 31, 2017 through 2025.
Therefore, your investment expenses are no longer deductible for tax year 2018.
Up to tax year 2017, investment expenses were part of miscellaneous itemized deductions subject to the 2% of AGI floor.
Under the Tax Cuts and Jobs Act, the miscellaneous itemized deductions subject to the 2% of AGI floor are suspended for expenses incurred after December 31, 2017 through 2025.
Therefore, your investment expenses are no longer deductible for tax year 2018.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
bgarbarino
New Member
ldpttx2018
Returning Member
vinceneedshelp
New Member
tdavid8a
New Member
mbreaux
Returning Member