Are bank charges deductable wrt interest earned?By Marc Sevitz · Updated 10 November 2014I have a money market account and am charged a monthly fee. Can I deduct this from my gross interest? TaxTim Marc said:10 November 2014 at 17:01No unfortunately you cannot.DeductionsRental IncomePenalties
I have a money market account and am charged a monthly fee. Can I deduct this from my gross interest? TaxTim Marc said:10 November 2014 at 17:01No unfortunately you cannot.