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charles4
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Is a subscription to Morningstar deductible

 
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Leonard
Intuit Alumni

Is a subscription to Morningstar deductible

No, a subscription to Morningstar is not deductible in 2018. 

In prior years a subscription to Morningstar could be deducted as a 2% miscellaneous itemized deduction.

However, the Tax Cuts Jobs Act of 2017 suspended the 2% miscellaneous itemized deductions for the years 2018 through 2025.

 

[Edited 03/10/2020 | 12:42 pm PDT]

 

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1 Reply
Leonard
Intuit Alumni

Is a subscription to Morningstar deductible

No, a subscription to Morningstar is not deductible in 2018. 

In prior years a subscription to Morningstar could be deducted as a 2% miscellaneous itemized deduction.

However, the Tax Cuts Jobs Act of 2017 suspended the 2% miscellaneous itemized deductions for the years 2018 through 2025.

 

[Edited 03/10/2020 | 12:42 pm PDT]

 

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