Max3721
Returning Member

Get your taxes done using TurboTax

Ok I think I got this figured out. One last question. Online it says transaction fees like the ones you listed below are supposed to be put into the cost basis. "cost basis is the amount you paid—including brokerage fees, loads, and any other trading costs—to purchase an investment"

 

Having said that, does it matter if i put the fees in the cost basis or in that fees line? Or does it act the same in the sense that it adds it to the cost basis regardless if I put it in the fees line or just put it in my cost basis line?