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Author: SensibleGirl Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121188  
Subject: Deduct Fool Membership? Date: 3/31/2007 11:08 PM
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I was just wondering if anyone out there knows if it's legit to deduct the cost of our Fool membership(s) as a cost of investing? Feedback anyone?
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Author: irasmilo Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 93547 of 121188
Subject: Re: Deduct Fool Membership? Date: 3/31/2007 11:21 PM
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I was just wondering if anyone out there knows if it's legit to deduct the cost of our Fool membership(s) as a cost of investing? Feedback anyone?

Yes, it is a valid miscellaneous itemized deduction subject to a 2% of AGI haircut.

Ira


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