Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted May 1, 2021 5:13:04 PM

When claiming Carrying Charges can I claim just the Total Program Fee (which is the sum the the Management Fee and Administrative Fee)?

0 1 271
1 Replies
Level 3
Jun 15, 2021 10:15:40 AM

Thank you for your question.

 

The list of carrying charges you can claim can be found here. In your case, management fees would be deductible. Administration fees, on the other hand, would be limited.

 

If you have any questions, please contact us.