topic MY 1099-div has company paid fees $0.90, and Company paid service charges $0.01 - what do I do? in Get your taxes done using TurboTax

MY 1099-div has company paid fees $0.90, and Company paid service charges $0.01 - what do I do?

hjtrussell — Mon, 09 Mar 2026 06:13:16 GMT

can I ignore this small amount?

Re: MY 1099-div has company paid fees $0.90, and Company paid service charges $0.01 - what do I do?

Mike9241 — Sat, 12 Feb 2022 03:17:34 GMT

for investors, these are non-deductible investment expenses for federal purposes.

Re: MY 1099-div has company paid fees $0.90, and Company paid service charges $0.01 - what do I do?

hjtrussell — Sat, 12 Feb 2022 03:21:21 GMT

do I add them or subtract them from the $12 dividend?

There doesn't seem to be a place in the Turbotax page to do anything.

Re: MY 1099-div has company paid fees $0.90, and Company paid service charges $0.01 - what do I do?

JulieS — Tue, 15 Feb 2022 04:07:21 GMT

You don't add them to or subtract them from your dividends. You report the dividends and you forget about the fees.

As @Mike9241 said the fees are not deductible and they have no entry field on Form 1099-DIV.

Here is an excerpt from IRS Publication 529:

"Investment fees, custodial fees, trust administration fees, and other expenses you paid for managing your investments that produce taxable income are miscellaneous itemized deductions and are no longer deductible."