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firstb_c
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Are Commissions and Service charges on trades in my IRA investment expenses?

 
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2 Replies
JohnW152
Employee Tax Expert

Are Commissions and Service charges on trades in my IRA investment expenses?

Not for income tax purposes. 

 

Rather, those fees should be added to the purchase price of the transaction.  This will be your adjusted basis in the transaction.

firstb_c
New Member

Are Commissions and Service charges on trades in my IRA investment expenses?

Thanks

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