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Strategies & Market Trends : IRS, Tax related strategies--Traders
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To: Monty Lenard who wrote (326)6/6/1998 7:45:00 PM
From: Gary Payton  Read Replies (2) of 1383
 
Fellas-

I just had a quick question about taxes on trading profits. If, say I started the year with 100K and ended with 200K, with 10K spent on broker commishes, would I be responsible for 110K or 100K in taxes?

Thanks,
Garrett
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