1- Is investment account maintenance fee on a non-IRA, regular brokerage account tax deductible as "Investment Expense?"
2- Is low balance fee on same account tax deductible as well?
3- If the above are deductible, is the deduction for the year incurred or year paid? I was incurring these charges starting in 2003 but did not pay them until December 2008. Assuming the above are deductible, can I deduct all the charges for 2008 tax year since I did not pay them until 2008?
Thank you very much.