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Investment Fees/ Expenses

In my investment account at the bottom of my 1099 consolidated tax statement it lists fees/expenses. Are these tax deductible ?

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Investment Fees/ Expenses


@muchopescado wrote:

In my investment account at the bottom of my 1099 consolidated tax statement it lists fees/expenses. Are these tax deductible ?


No. Tax reform (the TCJA) eliminated the deduction for investment expenses (which are miscellaneous itemized deductions on Schedule A). 

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Investment Fees/ Expenses


@muchopescado wrote:

In my investment account at the bottom of my 1099 consolidated tax statement it lists fees/expenses. Are these tax deductible ?


No. Tax reform (the TCJA) eliminated the deduction for investment expenses (which are miscellaneous itemized deductions on Schedule A). 

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