Solved
Account Fees reported on 1099
Are the account fees reported to me on form 1099 deductible? Should this expense go to line 16 of Form 4952? These fees result form my ownership of various ADR's.
Yes in theory. At the federal level the deduction is suspended through 2025 but it may be deductible on your state return.
See What is Form 4952: Investment Interest Expense Deduction
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