Are trading commission fees tax deductible
Open a Schwab Roth IRA, with key advantages like tax-free growth potential for any Overview · Taxable Funds · Tax Exempt Funds Other account fees, fund expenses, and brokerage commissions may apply1 Commissions: $4.95 per online equity trade;3 $0 per Schwab ETF online trade in your Schwab account4 The commissions that you pay when you buy and sell stock reduce your taxable income, but they aren't deductions in the same way as mortgage interest, state income taxes or charitable donations.