Stockbroker

Is Brokerage Fee Tax Deductible?


Learn about tax-deductible brokerage fee.

There are two types of brokerage fees, one is tax-deductible and the other is not. If you are an investor, trading fees are usually factored into your cost base when calculating capital gains tax. If you are share trading, the brokerage fee is deductible as a business expense. You pay the second type of brokerage fee when you either buy or sell a stock, which is a capital expense rather than a deduction.

How does one become a stockbroker?


How to become a stockbroker for my future career - get your degree and some experience under your belt

How does one become a stockbroker?

I want a career working with the stock market and personal finances. Moving to Wall Street is not an option, I live in Michigan. Where can I find programs that will give me the qualifications needed to get a stock market/finance career. Most colleges offer accounting degrees but I am having a hard time finding personal finance/stock market degrees.

Syndicate content

Recommended Websites