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Can I claim stock broker commissions for security transactions? where are stock broker subscription fees entered
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October 30, 2019
11:32 PM
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Investors and rental owners
As a rule, you can not directly claim a deduction for Stock Broker Commissions.
The commissions you paid to your broker to purchase your stocks are added to the cost of the investment. When you sell your stocks, the commission paid effectively reduces the proceeds of the sale. While you cannot deduct these commissions directly, the addition to cost and deduction from proceeds of sale will ultimately reduce the capital gain (or increase the capital loss) you claim.
October 30, 2019
11:32 PM
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Investors and rental owners
There is a great OTC platform with lowest possible comissions and fixed rates. JingStock offical wesbite
December 5, 2019
2:49 AM