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Strategies & Market Trends : IRS, Tax related strategies--Traders -- Ignore unavailable to you. Want to Upgrade?


To: Colin Cody who wrote (827)4/19/1999 1:52:00 AM
From: Nelson Chang  Read Replies (1) | Respond to of 1383
 
Colin -

I need a clear answer. I know commissions are taken into account on Schedule D. But can they be deducted on Schedule C for a trader (trading expense)? Yes or no.

If no, I promise I'll never ask this question again. But can u then clarify why that account on CNBC said they could?