☰
✕
Sign In

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 Oct 29, 2019 5:50:30 PM

Can I claim - monthly fees for online stockmarket investment tools

0 2 1468
1 Best answer
New Member
Oct 29, 2019 5:50:33 PM

If you are using the tools for the purpose of earning income, and have actually earned enough income that you are able to make this claim against that income, it should be considered a legitimate cost.  You will not be able to use it against any other income.

2 Replies
New Member
Oct 29, 2019 5:50:32 PM

Do I make the claim on the line titled 'carrying charges'?  thank you

New Member
Oct 29, 2019 5:50:33 PM

If you are using the tools for the purpose of earning income, and have actually earned enough income that you are able to make this claim against that income, it should be considered a legitimate cost.  You will not be able to use it against any other income.