S corp deductions

[Elisabeth]

I have an S Corp that is an investment and consulting corporation. Can the S Corp take the advisory fees charged in the investment account as a deduction on page 1?

[George4Tacks]

Screen 27 > Other Information > Investment expenses

[Elisabeth]

I am confused about your reply. I know where to enter the expenses, I wanted opinions on whether or not the advisor fees which are normally misc itemized deductions for individuals, can be considered a business expense for an S corp that is in the business of investing.