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Stock trading commissions are expenses not tax deductible (1 viewing)
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TOPIC: Stock trading commissions are expenses not tax deductible
#359
busterman (User)
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Are stock trading commissions tax deductible? 2006/10/06 09:54 Karma: 0  
Are stock trading commissions tax deductible? I have executed many trades and pay hefty amount as commission to the online trade brokerage firm. Can I deduct this amount ?
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rjose (User)
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Stock trading commissions are expenses not tax deductible 2006/10/06 12:56 Karma: 0  
Stock trading commissions are expenses and you adjust that in your basis. They are not tax deductible and they are totally different..
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