"David Zelinsky" <dzpost[at]dedekind.net> wrote in message
news:8763tv6swn.fsf[at]localhost.localdomain...
- quote -




the $20 fee gets added to the basis of the stock



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<<< Benjamin Yazersky, CPA [NJ & NY] > > -----> real address on hobokeni or hobokenx <-----

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When a stock I own is subject to a merger or spinoff, the brokerage
which holds the securities charges a $20 "mandatory reorganization
fee". What is the tax treatment for this fee? Do I add this amount
to the tax basis of the stock, as with the commission on a purchase?

-David

========================================= MODERATOR'S COMMENT:
Yes, since it is a fee associated with that particular transaction

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<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >