Investors & landlords

Yes, a borrow fee should be should be a cost that should be added to the cost basis of the stock. To report this correctly:

• Go to the stock sales portion of your return.
• After the information is added, there is a screen that says "Let us know if any of these Situations Apply to this Sale"
• Here you will check, I paid sales Expenses that aren't included in the Sales Proceeds reported on the form.
• There will be a drop down where you will enter the broker fees.
• once this done, there will be an entry that will automatically populate in your 8949 with a code adjustment E. i have included a screenshot that illustrates what this should look like on your 8949.