WORDHOUSE WEALTH COACHING

2009 Advisory Fees 1040 Worksheet

One of the benefits of working with a Fee Advisory firm is being able to deduct your Advisory Fees. To make sure you claim all your advisory fees on your 2009 taxes; please use this worksheet and put your 2009 total on your Federal 1040 under Miscellaneous Deductions. You can find your Matrix account information on www.mymatrix.cc or if you don’t have a computer, will need your 9/30/09 custodian (TCA or US Bank) and Matrix statements.

On www.mymatrix.cc you can get a report of the Matrix management fee(s) you paid on your account(s). If you paid your fees with a credit card, your management fees will not show. You’ll need to include that total here. Please refer to your 9/30/09 custodian’s statement for each account to find your total 2009 advisory fees. (Your year-end fees are charged in the following January and therefore are deductible the following year.)

For each custodian’s statement, look at the Year to Date column and find both the Management Fee plus the Custodian Fee. Add up all YTD totals for each account and list it below.

NOTE: There is an IRS ruling that you may not deduct your retirement plan fees that are deducted directly from your qualified plan accounts (IRA/ROTH/403b/Simple IRA/etc.) as they are tax free accounts. If your tax preparer will not deduct your qualified plan advisory fees, you might want to pay those fees by check or credit card in the future.

$______________ Total Matrix & Custodian (TCA or US Bank) Management Fees

If you have a People’s Benefit/Monumental annuity, find on your MATRIX Statement on the CLIENT ACCOUNT DETAIL REPORT for each of your Variable Annuities, and locate the Year-To-Date Withdrawals, which will be your Annual Fees. If you withdrew additional monies, those amounts must be deducted from this total first. If you paid your fees with a credit card, please refer to your credit card statements for the total.

$______________ Total Advisory Fees for all Peoples Benefit/Monumental annuities

If you sold any stock, the costs incurred by placing the trades are deductible. You would either have paid a broker commission or a trade cost through a brokerage firm. Check your brokerage account statement for these costs.

$______________ Total Commissions/Trade Fees for all stock sales

Some Inland American and Inland Western REITS have 1% Advisory Fees that are taken from your dividends. Go to your dividend statements and total these numbers.

$______________ Total Advisory Fees for REITS

Add up all the personal checks you wrote to Wealth Advisors Group (WAG) for Wealth Coaching, Retirement Management, Oil & Gas, Real Estate Investment Trusts, TD Ameritrade, etc. where you paid the Registered Investment Advisor (RIA) fees directly. These you will find in your checkbook register. Most likely any check written to WAG is a deductible advisory fee.

$______________ Total Advisory Fees paid directly to WAG

Please add any other Advisory Fees paid to other entities: TD Waterhouse, Renaissance Administration for Charitable Remainder Trust (CRT) fees, etc. These fees you will find on your quarterly statements from those companies. Not all companies have end of year totals, so add up the quarterly statements if necessary.

$______________ Total Advisory Fees paid to others.


$_______________ Total for 2009 Investment Advisory Fees

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Wealth Coaching provided through Wealth Advisors Group, LLC.