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Message from discussion Commission fee
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 More options Oct 27 2009, 4:40 pm
From: "@@@@@" <frecess...@gmail.com>
Date: Tue, 27 Oct 2009 13:40:08 -0700 (PDT)
Local: Tues, Oct 27 2009 4:40 pm
Subject: Commission fee
If you know the answer feel free to drop a line

Is commission fee tax deductable?

Ex:
If you buy and sell security A and you gain $100 profit, and the
commission fee is $10, x 2 = $20 (buy and sell)

Will only $100 - $20 = $80 be taxed for income? Or will the whole $100
gain be taxed regardless of the fees?


 
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