Tax return for the subscription fee

**zanker** Thu Feb 09, 2006 2:02 am

Tax return for the subscription fee
Hi,

This could be an old question, but somehow I did not find any answers yet.

Can I get tax exemption from the subscription fee to the blast's
newsletter? I heard that one can get tax return on this kind of
investment service, but don't know how to claim it.

I would appreciate if there is any suggestions!

Zanker

**blast_investor** Thu Feb 09, 2006 11:06 am

Hi zanker,

I believe investment newsletter fees are deductable. This would be considered as investment expense.

Here is web site that specifically tells how to do that (item # 4):

http://www.nolo.com/article.cfm/ObjectID/21A4F449-F28D-4AAC-B3308307E24BC813/catID/A74E92D1-EE6C-420C-B64B7FCB6A2953A8/213/233/ART/

**zqin** Thu Feb 23, 2006 7:18 pm

It's conditional. It's only deductable if it's more than 2% of your AGI. Stock trading comissions are deductable no matter what.

blast_investor wrote: Hi zanker,

I believe investment newsletter fees are deductable. This would be considered as investment expense.

Here is web site that specifically tells how to do that (item # 4):

http://www.nolo.com/article.cfm/ObjectID/21A4F449-F28D-4AAC-B3308307E24BC813/catID/A74E92D1-EE6C-420C-B64B7FCB6A2953A8/213/233/ART/