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If I take the standard deduction, can I still take a deduction for an investing advisement service if I made an attempt to succeed as an investor?

 
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1 Reply
ThomasM125
Employee Tax Expert

If I take the standard deduction, can I still take a deduction for an investing advisement service if I made an attempt to succeed as an investor?

No, that expense would be an itemize deduction which is not allowed if you use the standard deduction.

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