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Robin D.
Robin D., Senior Tax Advisor 4
Category: Tax
Satisfied Customers: 13609
Experience:  15years with H & R Block. Divisional leader, Instructor
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HOW ARE THE TAX DEDUCTIBLE AND NON DEDIUCTIBLE INVESTMENT FEES

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HOW ARE THE TAX DEDUCTIBLE AND NON DEDIUCTIBLE INVESTMENT FEES COMPUTED WHEN THE INVESTMENT PORTFOLIO CONTAINS BOTH TAXABLE AND TAX EXEMPT INVETMENTS. A CLIENT HAS A SMALL AMOUNT OF TAX EXEMPT INCOME, BUT THE PERCENTAGE ON THE TAX EXEMPT PERCENTAGE OF ASSETS HELD IS HIGHER. GENERALLY THE INVESTMENT COMPANY COMPUTES; HOWEVER, SOME TO DO. BASED ON % OF INVESTMENTS OF PERCENTAGE OF TAXABLE AND TAX EXEMPT INCOME

Robin D. :

Hello and thanks for trusting me to help you today. I am a tax adviser with over 15 years of experience.


Investment advisory fees related to tax-exempt income—you generally need to prorate these fees based on the portion of tax-exempt investment income vs. total taxable investment income.

Robin D. :

I know it is great when the investment company computes for the client.

Robin D. :

My goal is to give you excellent service. If you are satisfied, please rate me. If you have follow-up questions on this same topic, use the reply box below. To start a new conversation with me on a new topic request me again.


 

Customer:

THANKS

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