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?
Make a postAsk questions and learn more about your taxes and finances.
papmpercheff58-a
New Member
bextel
Level 1
hoanganhnguyenlu
New Member
taxquestionasker85
Level 1
D7knight2
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.