Re: Also, are the transaction fees deductible when buying or selling?

Also, are the transaction fees deductible when buying or selling?

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Hi Craigory0055. Thank you for joining us today.

Transaction fees are added to your basis amount. Basis is subtracted from the sales proceeds to determine gain or loss at the time of the sale.

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In one brokerage account, are capital losses, section 1256 transaction losses and margin loan interest deducted from dividend and interest income within that account

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Also, are the transaction fees deductible when buying or selling?

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Also, are the transaction fees deductible when buying or selling?

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