Solved: You are each responsible for your own percentage/r...

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If the investment income is split 50% - 50% does the investment expenses such as Advisory Fees, also have to be split?

 
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If the investment income is split 50% - 50% does the investment expenses such as Advisory Fees, also have to be split?

You are each responsible for your own percentage/ration of the investment income claimed, as well as expenses claimed. 

Example:  If you split the income 50/50 yet one pays all the expenses than the other claims no expenses or proportionately if % shared.

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Highlighted
Moderator

If the investment income is split 50% - 50% does the investment expenses such as Advisory Fees, also have to be split?

You are each responsible for your own percentage/ration of the investment income claimed, as well as expenses claimed. 

Example:  If you split the income 50/50 yet one pays all the expenses than the other claims no expenses or proportionately if % shared.

View solution in original post

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