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D
Dandabika
April 29, 2022
Question

Are compensation from third parties fees deductible from my income

  • April 29, 2022
  • 1 reply
  • 0 views
Compensation from third parties fees are annual fees that investment  companies charge a RIF account.

    1 reply

    TurboTaxSusan
    TurboTaxSusan
    May 16, 2022

    Yes, you can claim these expenses. To do this in TurboTax Online, click on Income, then Investment Expenses in the left side menu. Then check off "Investment management and advice (includes carrying charges)" and click the "Continue" button.

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