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My brokerage statement on its 1099-DIV includes an ADR expenses column. It is not associated with a 1099-DIV item number. Where do I put these in TurboTax Home

 
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My brokerage statement on its 1099-DIV includes an ADR expenses column. It is not associated with a 1099-DIV item number. Where do I put these in TurboTax Home

Those are investment fees and are not deductible. You can ignore them. 

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3 Replies

My brokerage statement on its 1099-DIV includes an ADR expenses column. It is not associated with a 1099-DIV item number. Where do I put these in TurboTax Home

Those are investment fees and are not deductible. You can ignore them. 

My brokerage statement on its 1099-DIV includes an ADR expenses column. It is not associated with a 1099-DIV item number. Where do I put these in TurboTax Home

I thought investment fees were deductible. I guess not.

DavidD66
Expert Alumni

My brokerage statement on its 1099-DIV includes an ADR expenses column. It is not associated with a 1099-DIV item number. Where do I put these in TurboTax Home

That is just informational.  You don't need to report it.  Brokerages charge fees when ADR shares pay dividends.  

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