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

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?

posted

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

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