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Are fees charged by Etrade for receiving foreign dividends deductible?

Etrade charges a fee each time I receive a dividend on a foreign stock in my account (the company is in the UK).

 

Is that fee deductible?

 

Thanks.

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1 Best answer

Accepted Solutions
ThomasM125
Employee Tax Expert

Are fees charged by Etrade for receiving foreign dividends deductible?

No, it may once have been deductible at an investment fee but they aren't allowed in 2024.

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1 Reply
ThomasM125
Employee Tax Expert

Are fees charged by Etrade for receiving foreign dividends deductible?

No, it may once have been deductible at an investment fee but they aren't allowed in 2024.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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