Can You Write Off Mutual Fund Fees?

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   J Paul Wilson CFP, CHFC

   Certified Financial Planner, JPW Insurance Retirement Investments, Halifax, Nova Scotia, Canada

   In Canada, in most cases you cannot write off mutual funds fees. The fees are deducted directly from the mutual fund assets. There are funds available that are available net of fees. With these versions you negotiate the advisor's fee separately and pay it out of pocket. This fee is deductible as an investment expense.
   If you have further questions, please do not hesitate to contact me.

   Answered on September 7, 2014

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