Commission, Fees and Taxes? | Traders Hideout - futures trading strategies, market news, trading charts and platforms

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Commission, Fees and Taxes?

  #6 (permalink)

Vancouver WA
Posts: 13 since Jun 2017
Thanks: 5 given, 2 received

SMCJB View Post
Agree with everything said about profits, commissions and 60/40 and $9k in gains. But what do you mean when you say $1000 in fees? I think you will find that things like data fees, subscriptions etc can NOT be deducted from gains and losses the same way commissions are but have to be itemized as investment expenses. But as @mattz said, best person to ask is an accountant.

I meant the fees part of the cost of a futures trade. Exchange fees, etc.

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