The management fees are from investments thru an investment firm.
Yes you are able to claim management fees. In the left hand column, click "Income & Expenses" then click "Investment Expenses" and select "invesgtment management and advice." Click Continue and you will be able to enter your management fees.
Yes you are able to claim management fees. In the left hand column, click "Income & Expenses" then click "Investment Expenses" and select "invesgtment management and advice." Click Continue and you will be able to enter your management fees.
Thank you for your question.
Management fees can be claimed as an investment expense.
If you are using TurboTax Online, you will need to indicate in the Profile tab that you have expenses related to investments. You will be prompted to enter these fees in the Income section.https://turbotax.intuit.ca/tax-resources/tax-investment/carrying-charges-and-interest-expenses.jsp
If you are using TurboTax Desktop software, you can claim this on Schedule 4, Section III Carrying charges and Interest expenses.
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