Are stock commissions tax deductible?

Answer Stock commissions paid to brokerages are deductible for tax purposes from your net capital gain. Stock commissions are considered an expense incurred in purchasing the stock, which is considered to... Read More »

Top Q&A For: Are stock commissions tax deductible

Are Real Estate Commissions Tax Deductible?

A real estate commission is one of the largest costs associated with selling a home. Commission rates vary, but are typically between 3 and 6 percent of the sale price. On a $400,000 sale, a 6 perc... Read More »

Are stock losses tax deductible?

According to the Internal Revenue Service, stock losses can offset income of up to $3000 in non-capital income, and are therefore deductible. However, the stock losses must be documented and verifi... Read More »

Are stock purchase costs tax-deductible?

No. According to the Internal Revenue Service, you cannot deduct commissions or other fees paid to buy stocks and bonds. However, you can add these fees to the price of the stock when figuring its ... Read More »

Is Premium Paid on Stock Tax Deductible?

When purchasing shares of stock, the investor typically pays the market value for each share. This amount may be more than the par value, or book value, of an issuer's stock in some cases. The prem... Read More »