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rwcarl
New Member

professional fees

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?

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1 Reply
robtm
Level 10

professional fees

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.

 

 

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