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ypsiCPA

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Re: omegahpla post# 416

Tuesday, 12/29/2009 1:33:34 PM

Tuesday, December 29, 2009 1:33:34 PM

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If your adjusted gross income is $10,000, 2% of it is $200. So if you spent $700, deduction is $500 (700 - 200).

No, broker charged wire fees don't adjust stock basis.
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