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What form do I use?
Is there a limit to the fees (I payed about $8K for investment fees)?
Do the fees get bundled into other “deductoins” so that I have to meet a threshold of expenses?

Thanks all!

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2 Responses to “How do I deduct investment advisory fees paid for professional investment services on my 2008 federal taxes?”

1. bostonianinmo on December 22nd, 2009 6:54 am

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   Investment fees are a miscellaneous itemized deduction subject to the 2% AGI limit. Claim them on Schedule A.

2. v b on December 22nd, 2009 9:35 am

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   If you have any tax-exempt income, you must prorate the fees between taxable and tax-exempt as only fees on taxable investments can be itemized.