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I have mutual funds. Can I write off the amount I pay a company to invest those funds? |
I have mutual funds. Can I write off the amount I pay a company to invest those funds? yes and no, depending on what you mean. I can interpret your question in 2 ways: Bottom line..... no. The fees you pay are the fees you pay. The government does not give free money for you to gamble. And if you are doing a 401, Roth, Ira etc. they are already giving you a break. No, fees are not tax deductible, however if you have the mutual fund it in a registered plan, it could be tax exempt |
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