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petet
New Member

Ira contributions - do i subtract the brokers fees from my contribution?

If I contributed X amount, & the broker charges Y fees for the sale, do I report my contribution as X, or as X -Y?
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ToddL
New Member

Ira contributions - do i subtract the brokers fees from my contribution?

You report your gross contribution to the IRA (i.e., X).

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1 Reply
ToddL
New Member

Ira contributions - do i subtract the brokers fees from my contribution?

You report your gross contribution to the IRA (i.e., X).

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