Where do i enter depository receipt fees on my 1099b

[MargaretL]

Depository receipt  are entered as your investment expenses:

1. Federal Taxes 
2. Deductions & Credits
3. Scroll down to Retirement and Investments
4. Select Other Investment Expenses

[brig123]

How do I take credit for Depository receipt fees on my  tax Form1040. Do I have to go to 1099b?

[AlanT222 · Accepted solution]

Due to the Tax Cuts and Job Acts TCJA, you can no longer deduct any of the investment expenses.  Before the TCJA, they were allowed on your Schedule A as miscellaneous expenses that are subject to 2% of your Adjusted Gross Income AGI.