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On the 1099 Div and Int I received from my client, under…

Second opinion] On the 1099...
Second opinion] On the 1099 Div and Int I received from my client, under Reconciliations, Fees, Expenses and Expenditures, they often times list Miscellaneous fees. Where does is this amount entered on the income tax return?
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Answered in 1 hour by:
3/11/2018
Carter McBride
Carter McBride, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 1,312
Experience: Adjunct Professor
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Hey! I'm Carter, I'm a CPA and can help you with this.

It'll go on Schedule A as an investment expense under other miscellaneous deductions. It will no longer be deductible starting in 2018 under the new tax law.

Let me know if you need anything else. If not, please leave a rating. Thanks!

Carter McBride
Carter McBride, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 1,312
Experience: Adjunct Professor
Verified
Carter McBride and 87 other Tax Specialists are ready to help you
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Customer reply replied 5 months ago
Thank you. That sounds more like it.
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