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My Fido broker charged "borrowing fees" on my shorts...some normal and some hard to borrow.

I am sure you all (MF PRO) encountered the same charges. On to the tax form...

Anyway, I am trying to figure if these fees are itemized on line 23 or line 28 on the Schedule A.


Definitely, they go on line 23. If you look to the instructions (which are admittedly non-authoritative), line 23 is used for (among other things) " ...the total amount you paid to produce or collect taxable income and manage or protect property held for earning income."

Ira
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