Tax Alert - Accessing your 2011 Fees Paid Report

The combined GWM Management fee and Folio custodial fee reports are posted in your online Folio file-cabinet. They can be found under the Advance Notice IA Billing report heading at the bottom of your online file-cabinet page. Scroll all the way down.

All fees charged IRA accounts are done on a before tax basis. IRA related account fees would only be deductible if you paid these fees separtely by check and you did not.

Fees charged for taxable accounts are deductible, but are subject to a threshold set by the IRS. Provide your tax preparer with the 2011 Quarterly fee reports located in your online file cabinet (taxable accounts only).

Follow the procedure below to locate your billing reports.

Click on graphic for easier viewing.




Click on graphic for easier viewing.



Call me if you have any questions.

Stephen