![]() |
|
| *Home>>>Investment Account |
How do I deduct investment advisory fees paid on my account (not an IRA)...is it really subject to the 2% AGI? |
Wanting clarification...these advisory fees are similar to broker commissions, and I really don't want them to be subject to the 2% AGI rule ... any help would be appreciated See here's the difference, broker fees, commissions and such would be added to your cost basis. Advisory fees are deducted on Schedule A subject to the 2% AGI rule sorry they are subject to the 2% floor. |
| Tags |
| Investment Company Investment Calculator Investment Bank Investment Advice Investment Account Invest Money Invest in Gold Invest Fund Income Fund |
| Related information |
That would be a sweep. The bank I used to work at had several businesses we had sweeps set up for...some to interest-bearing accounts and some to lines of credit. ...yes if u buy share than it will go to in ur demat account but remember some tips before begening 1-always buy group a share 2-buy only 10 or 20 share cost 2000 rs only till two months than u wil... Heck, if you want a very conservative start, you cna get an online money market account that gets 5% interest, like PayPal. But if you want a mutual fund, you may have to deposit a bit more. Tr... Accounting for investments is detailed in SFAS No. 115, Accounting for Certain Investments in Debt and Equity Securiites. Generally, a company must classify its investments using the following thre... Go with the higher risk/higher reward investments offered by your employer early in your career and then go safer later in your career when you get closer to retirement. And open a Roth IRA eve... You need to go to a knowledgeable attorney that specializes in this area and go to a trust department to see if they will take your account. They will almost certainly not take a small account due... Get rid of it. Hardly no returns over ten years? Buy up some good shares on the cheap. Or borrow for property at low rates. ...At present it is not possible to what you desire. It is in your own interest to open demat account for investment in shares and securities. It is safe and secure and is like a bank account for your... |
Categories--Copyright/IP Policy--Contact Webmaster |