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Employee
September 21, 2023
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Fees and Expenses on 1099 form. Where can I report (or deduct if it's possible)

  • September 21, 2023
  • 1 reply
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On TDAmeritrade 1099 form, Fees and Expenses page,  there are 3 different Transaction type:

1.  Miscellaneous fee  (Description : REORG FEE 65343B104)  

2. Depository receipt fee (Description : Foreign Stock, such as Honda, Toyota)

3. Gross proceeds Investment expense (Description : GLDM   ETF  Gold Minis)

 

I have 1099B,  1099DIV, 1099INT 

Where can I claim them on my tax return?

 

I appreciate any help. Thank you.

 

 

    Best answer by Bsch4477

    Those fees are no longer deductible on your federal return but different states treat them differently.  And if you take the standard deduction you won’t be able to deduct them in any case. 

    1 reply

    Bsch4477Answer
    Employee
    September 21, 2023

    Those fees are no longer deductible on your federal return but different states treat them differently.  And if you take the standard deduction you won’t be able to deduct them in any case. 

    KikiAuthor
    Employee
    September 22, 2023

    Bsch4477,  Thank you so much for your reply to help.   It's good to know that this kinds of fees are no longer to deduct.   Thanks again for your time.