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posted Apr 20, 2021 4:45:18 AM

What portion of the fees paid to Td Wealth can be deducctible against investment income?

TD says a portion of these fees may be deductible against investment income.  Please review fee deduction eligibility with a qualified tax advisor.

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Level 6
Jan 12, 2022 7:13:09 AM

We appreciate you choosing TurboTax,

 

The following portion of the fees paid to TD Wealth can be deductible against investment income:

1.Costs associated with managing or managing your investments
2.Fees associated with recording investment income
3. fees associated with certain investment advice.

 

Please visit the link provided for further clarifications:

CRA: Line 22100 - Carrying charges and interest expenses

 

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