Hi fanfare,
To clarify my understanding of what you stated with an example:
Let's say I shorted QQQ between Jan 1, 2022 and Dec 31, 2022 and paid my broker a total of $1000 in quarterly dividends during the 2022 year. Further, I use the standard deduction for 2022 as I don't itemize.
In the above case, I can add $1000 to my cost basis?
Thanks!
