Business & farm

As JosephS1 explained earlier, the fees would only come off as a deduction from the cost basis if there was any form of gain associated with this funeral trust. Generally, you would typically have this situation when you receive a 1099B. In your case, it seems like you received a K-1. As such all the information would be entered in the K-1 input. Any gain entered in Box 3 or Box 4 would flow through to the Sch D as a "net" amount (not showing gross sales and cost basis seperately. like this

As such, because fees are no longer accepted as an itemized deduction which would typically appear on a Sch A(assuming that you are itemizing). Consequently, the fees will not be deducted.