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
031924
1 Best answer
Bsch4477
Level 15
Apr 3, 2022 2:23:51 PM
Those are investment fees and are not deductible. You can ignore them.
3 Replies
Bsch4477
Level 15
Apr 3, 2022 2:23:51 PM
Those are investment fees and are not deductible. You can ignore them.
lilly54
Level 4
Apr 3, 2022 2:27:29 PM
I thought investment fees were deductible. I guess not.
DavidD66
Expert Alumni
Apr 3, 2022 2:29:42 PM
That is just informational. You don't need to report it. Brokerages charge fees when ADR shares pay dividends.