turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Foreign stock fee deduction

My brokerage charges an annual fee for holding foreign stock. How can I deduct this expense? There is also a separate fee every time foreign stock pays dividends. How to deduct this?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
RobertB4444
Employee Tax Expert

Foreign stock fee deduction

As an individual investment expenses are no longer deductible.  Under the 'Tax Cuts and Jobs Act' passed in 2017 they won't be deductible until at least 2025.

 

As a business entity you could deduct investment fees.

 

@000000000000 

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

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies