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March 21, 2020
Question

I have broker frees on my 401k account were do I deduct?

  • March 21, 2020
  • 2 replies
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2 replies

March 21, 2020

You cannot deduct the broker fees of your 401k account.

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macuser_22
Employee
March 21, 2020

What type of fees?    Broker management or account fees are not deductible.  Investment fees like Margin interest is deductible.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**