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Like many other members, I sold short SPY and SNE. I held these short positions long enough to have paid the dividends. The "short charges" are noted in the 1099-B information section, but I do not think that they were added in to the cost of the stocks. First, are these charges deductible and second, if so, where do I enter them in the forms. I am using Turbo Tax and cannot find any information or suggestions from their site. Thanks all for your help.
Don
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I sold short SPY and SNE. I held these short positions long enough to have paid the dividends.

See "Reporting substitute payments" on page 59 of Pub 550.

Phil
Rule Your Retirement Home Fool
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Thank you kindly
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