Stocks sometimes do splits and reverse splits; and brokerage firms charge a reorganization fee. Is that fee added to the cost basis? Or is that just an investment expense?
TIA
- posted
4 years ago
Cost basis
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- posted
4 years ago
I treat it as being no different than a transaction fee and add the amount to the cost basis of the securities.
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- posted
4 years ago
Seems to me that since you end up with the same asset before and after the reorganization, it's not much of a transaction. I'd call it an expense.