Mutual fund fee

Jan 17, 2009 1 Replies

I sold shares in a Vanguard fund that charges a fee when shares are sold less than 5 years after purchase. I received the NAV of the shares, less the fee.



Vanguard's 1099-B gives the NAV as Gross Proceeds and does not mention the fee.



Can I add the fee to my cost basis, or is it (alas) a Schedule A miscellaneous deduction subject to the 2% limit?


"David Moore" wrote

The costs to sell your investment is added to the cost basis in determining any gain or loss on that investment.

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required