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pacoford
Level 5
March 16, 2020
Solved

Stock Mgmt Fees and Expenses

  • March 16, 2020
  • 4 replies
  • 48 views

Where do I enter fees & expenses related to stock buy/sell management?

This topic has been closed for replies.
Best answer by Just-Lisa-Now-

Advisory/management fees are part of misc itemized deductions which were taken away for federal purposes by TCJA in 2018....your state may still allow them, there should be a QuickZoom button at the bottom of the Sch A.

4 replies

Just-Lisa-Now-
Intuit Community Champion
March 16, 2020

Advisory/management fees are part of misc itemized deductions which were taken away for federal purposes by TCJA in 2018....your state may still allow them, there should be a QuickZoom button at the bottom of the Sch A.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
pacoford
pacofordAuthor
Level 5
March 17, 2020

Your info was precise...our state of Colorado does NOT allow it at this time to whom it may concern. Thank you!!!

Intuit Community Champion
March 16, 2020

I they are fees for an IRA that you pay outside of the IRA you can still deduct on schedule A line 16

Level 6
March 16, 2020

I do not agree. No matter how paid they are not deductible anymore for federal purposes