Mona Song
Level 1

Hi,

My client has investment account with Ameritrade. Apparently, there are some Misc Fees includes Depository receipt fee. Are they deductible to reduce the dividends /Capital Gains ? Where to inpu them in ProSeries?

Thank you!

 

0 Cheers
jeffmcpa2010
Level 11

They used to be a misc. itemized deduction - no longer available for federal, might be available to some states.

Just-Lisa-Now-
Level 15
Level 15

When you double click on the Sch B dividends entry line, that additional worksheet has a spot for it, but you wont see any difference on the federal return, only some states still allow it.


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