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To: Elroy who wrote (53500)	2/26/2014 2:10:55 AM
From: Paul Senior	Respond to of 78748

OT: Regarding "it's better than getting the full dividend - which is taxable - and then paying the charge, which is not deductible." I'm no tax expert. Nor qualified to give tax advice. This is how I see it though in my case as US taxpayer: It really amounts to nothing -- looks like $29 in fees across all my taxable accounts last year. The full dividends are reported as taxable. The fees are not subtracted from them beforehand. The fees are deductible though -- on line 23 of Sch A. (Perhaps elsewhere alternatively. I don't know.) In my situation -- because that line item total is far less than 2% of the income I'm reporting (2% of income is the threshold amount for line 23 that has to be exceeded before I can deduct anything) it means that in my case no deduction.