<Michael[at]Welch.net> wrote:

- quote -

If the expense is charged by your brokerage for additional
work they had to do in managing your account, then these are
investment expenses which are deductible on Sch A subject to
2% of AGI, if these are fees charged by the corporations to
shareholders (which doesn't seem likely), then I would add
to the basis of the shares owned.

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

Twice in 2005, companies in which I owned stock underwent a
corporate restructuring which led to my being charged a
"mandatory reorganization" fee by my brokerage. Is there
some particular place on a 1040 where this fee is supposed
to be deducted? Or is it supposed to just be added to the
stocks' respective cost bases?

- Michael

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >