Are Management investment fees tax deductible?


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Tax Yes, management fees on non-IRA accounts are deductible as miscellaneous itemized deductions, since they are considered investment expenses for the production of income. Also, many years ago, the IRS ruled that IRA custodial fees are deductible if paid with non-IRA funds (i.e., the custodian bills you for the fee and you pay for it with a personal check). ChaCha again

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