Since there are deductible guardianship fee expenses, where is the allowed posting of the expense for the deduction since this item is a miscellaneous itemized deduction?

[kpoynorcpa]

Using Proseries, where can the guardianship fee expense be posted for deductibility?

[sjrcpa · Accepted solution]

Are you preparing a 1040 or 1041?

And why do you think this is deductible for 2018?

[kpoynorcpa]

This is a 1040 for an individual that is under court appointed guardianship.  According to wording in the regulations, these guardianship expenses are a deductible item for the individual even in 2018.

[sjrcpa]

Misc expenses subject to the 2% of AGI reduction are not deductible in 2018. The Regulations have probably not been updated.

[IRonMaN]

:+1: