can you claim tax deduction on brokerage fees?, page-5

  1. 12,455 Posts.
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    Dimaz, if you will only be trading through esuperfund, then you dont have to worry. Esuperfund will annualize your receipts & expenses as lump sums. They dont do it by individual shares

    Eg:
    DIMAZ SMSF Share Trading for 2012
    Total share Purchases (INCL brokerage): $522,000
    Total share Receipts (MINUS brokerage): $596,000

    Total Taxable Profits (NET of brokerage): $74,000
 
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