IB tax questions for the experts

Discussion in 'Retail Brokers' started by miya888, Mar 23, 2012.

  1. miya888


    In turbotax how do you account for the following:

    1- Broker Interest Paid (FX carry, margin, short stock borrow fees, etc)
    2- Cancel Fees (mostly option order cancellation fees, not included in cost basis)
    3- Commissions on FX (not included in cost basis for forex trades)

    Any ideas are appreciated!
  2. Investment expenses on schedule A.
  3. miya888


    gki - thanks