Hi and welcome to our site!If these fees are related to the specific purchase transaction - they are considered purchase expenses (capital expenditures) and are added to the basis of the asset you purchase.If however - fees are not related to any specific transaction - they are considered investment expenses and with other miscellaneous deductions are subject of 2% of AGI floor limit.
These fees are monthly fees related to a certain dollar amount of foreign currency (i.e. $25 per million and the amounts on layaway can change from day-today. The fee is not for specific items but for dollar amounts for a 30-day or 90-day period.
If fees may not be specifically related to the purchased asset - they are not added to the basis of that asset.As these are monthly fees - they are likely related to your investment account and not to any asset that you might purchase or not. In this case - fees are included into other investment expenses - not added to the basis.
OK. Thanks very much for your help. I will use your services in the future. Can I get the 30-day pkg. I have a couple of questions concerning a construction contractor that I may have a couple of questions about next week.