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Old 02-06-2006, 06:59 AM
Phil Marti
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Default Re: deductable trading expenses

"matt" <mmead[at]americanhydro.net> wrote:

Maybe. It's a miscellaneous itemized deduction subject to
the 2% of AGI exclusion. See Line 22 of Schedule A.

--
Phil Marti
Clarksburg, MD

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
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Old 02-06-2006, 12:46 AM
matt
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Default deductable trading expenses

If I subscribe to a brokerage firm that offers monthly
advice, picks, and printed media can I write off the cost of
the service against my income (stock profit or otherwise?)

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >
 

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