I have two questions:
 Are the fees for stock purchases considered commissions or
 fees when entering the purchases?
When we enter the monthly fee for buy and hold as an expense
it is considered a deduction but why are the transaction
fees for stock purchases not coming up as an expense?
Thank you,
Michelle

Carmen Pratt writes:
> I have two questions:
> Are the fees for stock purchases considered commissions or
> fees when entering the purchases?

Any fee or commission associated directly with a stock purchase or
sale is not an expense, but adjusts the cost basis.

> When we enter the monthly fee for buy and hold as an expense
> it is considered a deduction but why are the transaction
> fees for stock purchases not coming up as an expense?

The monthly fee is an expense, because it is not directly associated
with a purchase or sale.

For more detail, please see our Trez Talk article:

http://www.bivio.com/trez_talk/mail-msg?t=6380400003

Cheers,
Rob