For funds invested in a California Master Trust, I have just started receiving interest. They are also charging fees and expenses. Where do I deduct the fees and expenses?
posted
3 weeks ago
last updated
April 09, 20254:58 PM
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To deduct investment fees and expenses you will need to itemize your deductions. Depending on your other deductible expenses it may be advisable to take the standard deduction if that is greater than your itemized ones.