Account fees are treated like a negative distribution. If the fee was paid out of pocket, this would be a negative distributed distribution. If the fee was paid with redeemed shares, this would be a negative reinvested distribution. When recording an account fee transaction the "Value" edit box should be filled in with a negative value. If the account fee was paid with redeemed shares the "Reinvested" check box should be checked and the "Shares" edit box should also contain a negative value. The "Price" edit box will be a positive value.
Example of 'out of pocket fee':
|
Date: |
11/19/2004 |
|
Reinvested |
(un-checked) |
|
Value: (neg) |
-10.00 |
|
Distribution Type: |
Account Fee |
Example of 'fee paid with redeemed shares':
|
Date: |
11/19/2004 |
|
Reinvested |
(checked) |
|
Price: |
25.00 |
|
Shares: (neg) |
-0.400 |
|
Value: (neg) |
-10.00 |
|
Distribution Type: |
Account Fee |
Account Fees and Return of Capital Distributions affect your tax cost basis. Account fees increase your cost basis, while return of capital distributions reduce your cost basis.
Distribution Transaction Dialog