Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 1, 2019 9:52:50 AM

How do I enter my 1099-DIV expense?

0 1 399
1 Replies
Level 3
Jun 1, 2019 9:52:51 AM

Under the new tax laws, your 1099-DIV expenses are not deductible.  You can no longer deduct investment fees.


"Investment fees, custodial fees, trust administration fees, and other expenses you paid for managing your investments that produce taxable income are miscellaneous itemized deductions and are no longer deductible."https://www.irs.gov/publications/p529#en_US_2018_publink10004392