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March 13, 2021
Question

Where should fees charged by TD Ameritrade not by individual transaction be reported. Their listed as reconciliation fee?

  • March 13, 2021
  • 1 reply
  • 0 views
Miscellaneous fees and expenses

1 reply

March 17, 2021

Those fees are no longer deductible on your federal return as a result of the Tax Cuts and Jobs Act (TCJA) of 2017. The act runs through 2025.

 

They may be deductible on your state tax return, however. You can enter them in TurboTax by using these menu tabs:

  1. Deductions and Credits
  2. Retirement and Investments
  3. Other Investment Expenses

 

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