wow i didn't know that - thanks for the info
the only thing re brokerage cost is confusing to me is
when i buy a stock i pay say $19.95 brokerage so that adds to my cost price
when i sell a stock i receive $19.95 less which is subtracted from my net proceeds
so isn't brokerage offset already, so why then is it an allowable deduction?
hope someone can clarify
thanks guys.
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