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Are the Depository Trust Company (DTC) (mirror) fees paid on an American depositary receipts (ADR) tax-deductible (mirror)?

I am a US tax resident owning some ADRs (e.g., AXAHY) via a US brokerage account.

Franck Dernoncourt
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No, the investment expenses itemized deduction (subject to 2% AGI limit) was eliminated in TCJA. It may come back in 2026 when (if) the provisions of TCJA for individual taxpayers expire. Even then it would unlikely to be useful due to the 2% AGI limit. Read more here.

littleadv
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