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Q. How to apply Financial Advisers Fees for Roth IRA,

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Q. How to apply Financial Advisers Fees for Roth IRA, Personal Investment, Conventional IRA .....?

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I am paying about $9000 fees per year for my ROTH IRA ($4000), Traditional IRA ($1500) and Rest for personal investment.

Submitted: 3 months ago.Category: Tax
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4/3/2018
Tax Professional: Robin D., Senior Tax Advisor 4 replied 3 months ago
Robin D.
Robin D., Senior Tax Advisor 4
Category: Tax
Satisfied Customers: 18,220
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Tax Professional: Robin D., Senior Tax Advisor 4 replied 3 months ago

I am paying about $9000 fees per year for my ROTH IRA ($4000), Traditional IRA ($1500) Unless you are paying theses fees outside the IRAs (not with IRA funds) you cannot deduct them

Rest for personal investment. These fees are deducted on Schedule A as a Misc deduction. If you are paying the IRAs fees with money outside the IRA you can deduct them as well on the Schedule A. MISC deductions is the area on the Schedule A to use.

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