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- Yes, investment management expenses are a miscellaneous deduction on Schedule A (Itemized Deductions) subject to 2% of your adjusted gross income.
ttlc.intuit.com/community/taxes/discussion/can-i-deduct-morgan-stanley-annual-service-charges/00/308204Can I deduct Morgan Stanley annual service charges? - Intuit
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Completing your tax return. Claim on line 22100 of your return your total carrying charges, interest expenses and other expenses. If you have carrying charges for Canadian and foreign investment income, complete the chart for line 22100 using your Federal Worksheet.
Mar 24, 2023 · Investment fees you can claim on your tax return. Brokerage and investment fees paid in the management of a non-registered account should be tax-deductible.
Morgan Stanley households are evaluated using eligible assets and liabilities and annual managed fees / commissions paid from Morgan Stanley or a combination of E*TRADE from Morgan Stanley and Morgan Stanley accounts.
The quarterly management and administration fee on your MD Plus account is tax deductible when incurred in a non-registered account. You can find your total fee for the year on your December statement.
Apr 24, 2023 · While these fees may be directly tax deductible on line 22100 of your tax return, the fees paid for a mutual fund are indirectly tax deductible. This is because mutual funds flow...
May 29, 2018 · A: There are tax deductions for certain types of fees related to your finances and investments. Line 221 of your tax return – carrying charges and interest expenses – is for claiming...
1 Some of the fees described are charged by Morgan Stanley Wealth Management Canada, Inc. (“Morgan Stanley”), while others are charged by third parties. All fees subject to GST/HST where applicable.
