For 2021, i nvestment management fees are not deductible on federal returns, but are they deductible on California returns? (2024)

kateldixon

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‎March 2, 20228:06 AM

last updated‎March 02, 20228:06 AM

I am not itemizing deductions on federal taxes.

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For 2021, investment management fees are not deductible on federal returns, but are they deductible on California returns?

That is discussed here.

https://www.google.com/amp/s/ttlc.intuit.com/community/state-taxes/discussion/can-i-deduct-investmen...

For 2021, investment management fees are not deductible on federal returns, but are they deductible on California returns?

Investment management fees are no longer deductible as a miscellaneous itemized deduction on your Federal tax return since 2018.

But they are deductible on your CA state return.

In your CA state interview, you will find ascreen that says: Here's the income that California handles differently.Go to Investments > Investment IncomeExpenses

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For 2021, i nvestment management fees are not deductible on federal returns, but are they deductible on California returns? (2024)

For 2021, investment management fees are not deductible on federal returns, but are they deductible on California returns?

For 2021, investment management fees are not deductible on federal returns, but are they deductible on California returns?

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