Solved
Are investment advisory fees deductible on form 8960 in calculating net investment income for the 3.8% investment income tax?
I know it's not deductible as an itemized deduction, trying to understand if it's deductible on form 8960.
On form 8960, miscellaneous investment expenses on line 9c can be deducted only to the extent these items are deductible in Schedule A. As the new tax law has suspended the itemized miscellaneous deduction, these expenses are not deductible on form 8960 either.
Please see the instructions for form 8960, especially on page 18:
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