Are fees paid to financial advisers/management deductible? Also account reconciliation fees, subscriptions to stock advisories, etc?

[jtax]

Yes to the extent that they are for taxable not tax-exempt income production. But only as an itemized deduction, so you only get the amount above 2% of the AGI and only if you itemize.

Article on what you can deduct and some subtleties.

http://www.schwab.com/public/schwab/nn/articles/Investment-Expenses-What-s-Tax-Deductible

How to deduct inside of TT:

https://ttlc.intuit.com/questions/2753963-where-to-deduct-investment-expenses

[jtax]

I see that people are finding this old answer. Please note that this has changed.

"Prior to the passage of the TCJA, taxpayers were allowed a tax deduction for certain expenses known as “miscellaneous itemized deductions.” Miscellaneous itemized deductions included expenses such as fees for investment advice, IRA custodial fees,  and accounting costs necessary to produce or collect taxable income. For tax years 2018 to 2025, these deductions have been eliminated"

for more info see among other articles <a rel="nofollow" target="_blank" href="https://www.schwab.com/resource-center/insights/content/investment-expenses-whats-tax-deductible">ht...>