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posted Apr 28, 2022 7:07:37 PM

Are compensation from third parties fees deductible from my income

Compensation from third parties fees are annual fees that investment  companies charge a RIF account.

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Moderator
May 16, 2022 12:43:22 PM

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.