investment fees

Are Ira Maintenance Fees Tax Deductible?

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Are Ira Maintenance Fees Tax Deductible? Certain IRA administrative fees, whether or not you’re currently taking distributions, are deductible, but they have to be paid by the account owner’s non-IRA funds. You’re right that investment fees paid to produce taxable income are tax-deductible. Are IRA custodial fees tax deductible in 2019? Investment fees, custodial fees,

Are Investment Maintenance Fees Tax Deductible?

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Are Investment Maintenance Fees Tax Deductible? Investment fees, custodial fees, trust administration fees, and other expenses you paid for managing your invest- ments that produce taxable income are miscellaneous itemized deductions and are no longer deductible. Are investment portfolio management fees tax deductible? First, fees paid to manage the client’s portfolio that are charged as