Are broker commissions and SEC fees used in determining wash sales?
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I sold a stock that has a return on capital. The purchase price minus the returns on capital brings it down to less that the unadjusted purchase price, yet the broker is calling it a wash sale. I call this a profit, they call it a loss (wash sale).
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Answer:
Yes, broker commissions and SEC fees on the purchase and the sale of the security are added to the capital investment to determine any profit or loss.
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