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Posted by Herb Smith on August 17, 2007, 12:02 am
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>> 1) Is the cost of preparing a financial plan fully
>> deductible as an investment expense? (It would not deal
>> with anything other than investments, if that matters)
>>
>> 2) Would the fee charged to managed an investment portfolio
>> be deductible as an investment expense?
> Expense
> The fee goes on your 1040 Schedule A as Investment Expense
Note that these Schedule A deductions are subject to the 2%
of AGI limitations.
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