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New Member
posted Jan 27, 2025 11:06:34 PM

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

0 2 1255
2 Replies
Level 15
Jan 28, 2025 1:00:53 PM

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.

New Member
Jan 30, 2025 12:13:50 AM

Thanks