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snosh

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05/07/16

06:32

Post #: 18192600
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Originally posted by topdogg1 ↑

Thanks for clarifying! I know what you mean its such a headache when theres too many buy and sell transactions haha.

So brokerage fees by reduce, you mean i dont include it as part of the loss or gain?

I.e.

I buy abc share and brokerage is 20$ then sell all abc shares and brokerage is 30$ totalling 50$ in fees. If i made 1000$ gain from share gains does that mean my capital gain is $1000 less 50 = $950? And vice versa with capital loss, If i made $1000 loss from selling, does that mean capital loss is 1050$? (Assuming fees is same as first example)

Thanks in advance!

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