"Chris Ruehrwein" wrote:

- quote -

When you buy, yes. When you sell the selling commission either increases
your basis or decreases your sale proceeds, depending on how the broker
reports it to the IRS. The bottom line is the same.

--
Phil Marti
Clarksburg, MD

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When I sell stocks via (Scottrade, Ameritrade, etc) does the transaction fee
for every time I buy or sell get included in the cost basis of the stock?


========================================= MODERATOR'S COMMENT:
Yes

--
<< ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- >