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April 13, 2022
Question

How do you report the investment firm yearly cost? I pay an investment firm to manage my investment portfolio.

  • April 13, 2022
  • 1 reply
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1 reply

April 13, 2022

This expense is an investment expense which was deductible until 2017 as a Miscellaneous itemized deduction subject to the 2% of AGI threshold.

 

For 2018 to 2025, the Tax Cuts and Jobs Act has suspended this deduction.

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