IRS, Tax related strategies--Traders Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Nelson Chang who wrote (815)	4/18/1999 2:25:00 PM
From: Colin Cody	of 1383

A normal sales commission (or markup/markdown) for each buy or sell transaction increases the cost/tax basis of the stock bought or reduces the sales price. A fee for the investment/trading account in the aggregate is oftentimes deductible as investment expense on Sch A or other expense Sch C.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next