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    lindakt's Avatar
    lindakt Posts: 1, Reputation: 1
    New Member
     
    #1

    Nov 9, 2015, 12:36 PM
    Selling stocks
    Why if I sell 35 stocks at 98.73 I only receive 627.83? How come the taxes and commission is so much?
    RickJ's Avatar
    RickJ Posts: 7,762, Reputation: 864
    Uber Member
     
    #2

    Nov 9, 2015, 02:12 PM
    Looks like you may have mis-keyed one or more of the numbers - or maybe there were other sale/purchase items in the deal?

    Clarify the details.
    ma0641's Avatar
    ma0641 Posts: 15,681, Reputation: 1012
    Uber Member
     
    #3

    Nov 9, 2015, 06:50 PM
    That is not right, some numbers are off. Taxes(20%) and commission(10%) maybe $1,000 off should yield $2400 or so. Actually, depending on your tax rate and commission, $627.83 could be what was deducted??
    ScottGem's Avatar
    ScottGem Posts: 64,970, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #4

    Nov 10, 2015, 11:15 AM
    Have you asked your broker for an accounting?

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