When we sell or buy stocks, is the trading commission considered within Capital Gain/Loss? For example, if I were to buy 10 shares of ABC stocks at $10 + $12 Commission) and I decided it was a tanking company, so I sold 10 shares of ABC stocks at $10 + $12 Commission), can I write the $24 as a loss or based on IRS, it's irrelevant and I eat the Commission? The $24 is a loss. If you held ABC for one year or less, it is a short-term capital loss (Sch D line 1). If one year and a day or more, it is a long-term capital loss (Sch D line 8).Ira
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<