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March 9, 2025
Question

How do I enter investment advisory/management expenses?

  • March 9, 2025
  • 1 reply
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March 9, 2025

Unless your state allows miscellaneous deductions, you do not need to enter investment and advisory expenses.  This is because they are not deductible for federal purposes, through 2025. 

 

These expenses were previously deductible as a 2% miscellaneous itemized deduction.  

 

Here is an article you may find helpful: What are Itemized Tax Deductions?