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What Are Investment Expenses and Which Are Tax Deductible? Investment expenses include costs tied to managing or producing investment income, such as advisory fees, custodial fees and research subscriptions But can you deduct investment-related expenses on your tax return? Under current tax law, most miscellaneous itemized deductions—including investment expenses—were suspended through 2025 by the Tax Cuts and Jobs Act This means that, for now
Publication 550 (2024), Investment Income and Expenses . . . This publication provides information on the tax treatment of investment income and expenses It includes information on the tax treatment of investment income and expenses for individual shareholders of mutual funds or other regulated investment companies, such as money market funds
Investment Expense: Whats Tax Deductible? | Charles Schwab Investment interest expense If you itemize, you may be able to deduct the interest paid on money you borrowed to purchase taxable investments—for example, margin loans to buy stock or loans to buy investment property However, you wouldn't be allowed to deduct the interest on a loan to buy tax-advantaged investments such as municipal bonds