IRS, Tax related strategies--Traders Message Board

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Strategies & Market Trends : IRS, Tax related strategies--Traders

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To: Gary Payton who wrote (327)	6/6/1998 9:33:00 PM
From: Monty Lenard	of 1383

Assuming you mean that you ended up with 100k profit NET OF COMMISSIONS, you would pay taxes on 100K. In other words, the brokerage commissions are deductible from profits. Monty

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