State and federal tax matters can be vexing and problematic. The following are answers to some of the key issues facing taxpayers as the third quarter approaches.
Q: Can I deduct investment fees I pay this year?
A: No. The schedule A writeoff for these costs, IRA custodial fees paid directly by the account owner, and the rest of the popular miscellaneous deductions subject to the 2%-of-AGI threshold are now gone.
Q: My employer paid for my cross-country move. Is the amount taxable to me...
Oops! An active online subscription is required to access this content.
Please login below or Subscribe today!