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simply put, cost or other basis is what you paid for the stock including commission
BooDog
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tax season is fun tax season is fun taxseason is fun tax season is fun tax season is fun taxseason is fun tax season is fun tax season is fun taxseason is fun tax season is fun tax season is fun taxseason is fun tax season is fun tax season is fun taxseason is fun
all tax and no play makes jim a dull boy! Sure takes a bite outta da profits eh?
T e x
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Tax time again, kids...
Good summary here re: the distinction between investor and trader, with good info for electing to go "mark-to-market."
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Not promoting this software, but scroll down the page and you'll see a good example of the difficulty in figuring out the effects of the "wash sale" regs...