Question

 Are stock purchase costs tax-deductible?

Answer 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 »
http://www.answerbag.com/q_view/1933214

Top Q&A For: Are stock purchase costs tax-deductible

Are settlement costs deductible?

On One Hand: Deductibility RestrictionsWhen an individual takes out a mortgage to finance the purchase of a home, many expenses are deductible if they file an itemized tax return. However, most of ... Read More »
http://www.answerbag.com/q_view/2001401

Are probate costs tax deductible?

Probate is the legal process of distributing an estate of a deceased person, and the legal verification of a will. Probate costs are tax-deductible, as are the administrative costs during the proce... Read More »
http://www.answerbag.com/q_view/1921105

Are moving costs deductible?

If you moved for job purposes and meet the criteria set out by the Internal Revenue Service (IRS), you may be able to deduct certain expenses related to the move on your federal income taxes.Geogra... Read More »
http://www.answerbag.com/q_view/1909304

Are medical costs tax-deductible?

The Internal Revenue Service allows many medical expenses as tax deductions provided you itemize your deductions. However, there are rules as to which expenses are deductible and which are not.Sour... Read More »
http://www.answerbag.com/q_view/2061477


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