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One other thing - you can deduct the cost of transactions - but need to add in the costs
of fees paid by the company for transactions - i.e. the reinvestment fees charged by some
outfits are paid by the company or paid out of the dividend. These tend to be rather low
for most DRIP accounts - but pennies here or there over a long period can become an
interesting figure.
XOM had their own internal company DRIP program as I recall and did not charge fees.
Computershare and others do charge fees - and sometimes you have to pay them - other
times the company you are investing in pays them. Generally these are $0.01 to $0.06
per transaction - so if you are looking at under a hundred shares total position, the
costs are less than IRS requires you to figure.

Howie52
Details form a forgetful individual makes for multiple postings.
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