RobertB4444
Expert Alumni

Get your taxes done using TurboTax

@packerpat31 and @wistful  There isn't a formula or spreadsheet.  

 

If your broker charges you a $100 fee and then they sell $100 worth of stock in order to pay that fee the amount that is taxable depends on how much you paid for that stock subtracted from how much you sold it for.

 

So in the case of that $100 if you bought that stock for $50 then that is a $50 profit and that is the amount that is taxable.

 

The amount of fees that you pay never enters in to the calculation.

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