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R
rswalker79
March 18, 2025
Question

I have subscription expenses associated with stocks and crypto trading. Can they be deducted from my income taxes?

  • March 18, 2025
  • 1 reply
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1 reply

O
Opus 17
March 18, 2025

If you are so active that you report your trades as a business on schedule C (this is uncommon, seek professional advice if you trade this much) then you can deduct ordinary and necessary expenses, including publications that give investing advice.  Typical investors who are not engaged in investment as their main business can't deduct expenses.  

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