Capital Gains and Losses

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Related Capital Gains and Losses Questions
What determines if you claim money made by selling stocks as
what determines if you claim money made by selling stocks as an investment or capitol gains? … read more
JeffS6413
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I have two questions about capital loss realization. (1) So
Second opinion] Hi, I have two questions about capital loss realization.(1) So let's say i have a wash sale loss of $10,000 as of now, and I immediately buy a replacement stock and sell it for a profi… read more
Arthur Rubin
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From in Zephyrhills. Am canadian citizen...purchased mobile
Am canadian citizen...purchased mobile home in Zephyrhills park 15 years ago and spend November to April there.. Looking for sell and in the next few years and return to Canada. Am I required to pay capital gains...and how is this calculated? Thanks … read more
Lev
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I own a bunch of stock options in the company I work for.
I own a bunch of stock options in the company I work for. The company may IPO or get acquired in the near future. If it IPO's, I believe I can purchase my stock, hold for a year, then sell and only pa… read more
Mr. Tax
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I have dual citizenship (American/Brazilian). I reside in
I have dual citizenship (American/Brazilian). I reside in Florida. I purchased agricultural land in Brazil in 2015 and sold it in 2019. Do I have to pay capital gains tax in my 2020 return? … read more
Dr. Fiona Chen
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I have a managed l fund handled by Vanguard, I am being
I have a managed l fund handled by Vanguard, I am being taxed by the IRS on unrealized capital gains relating to this fund. Vanguard tells me that I must pay cap gain taxes on a managed fund. Is this … read more
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Thus far in 2018 i have incurred several losses in the
Thus far in 2018 i have incurred several losses in the cryptocurrrency trading. Im looking to transfer the digital assets off of the exchange and into a hardwallet where they are more secure, even tho… read more
emc011075
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I'd like to buy a Canadian stock listed on Toronto exchange.
I'd like to buy a Canadian stock listed on Toronto exchange. Never bought stock before, is there anything I need to "do" prior to buying this stock? Just buy it and hold to hope for hoped-for stock ri… read more
Barbara
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To calculate cryptocurrency gains and losses...how is this
To calculate cryptocurrency gains and losses...how is this cost basis calculated when both items are cryptocurrency?For example, buying BTC with ETH.Does one convert the BTC to the USD cost first? Or … read more
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I converted my condo to a rental in 2010. The FMV was
I converted my condo to a rental in 2010. The FMV was $235,000 which was used to calculate depreciation. I converted my condo back to personal use for one year (2015-2016) I converted my condo back to… read more
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1. “A” sells her commercial income producing property and
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Chad EA, CDFA®, CFP®
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Out company is being purchased .. payout will be 26.56 cash
HI Pearl.. Out company is being purchased .. payout will be 26.56 cash per shares held/ and stock for the new company. our companies stock is currently at 51.00 ... if I sell my 401k shares .. looking… read more
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I own a GAS Station in CT. We are planning on selling the
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I purchased a cumulative preferred share of a private
I purchased a cumulative preferred share of a private company for $14 two years ago. It has accrued $7 dividend which has not been declared yet. The company is still selling the new shares for $14. Th… read more
jgordosea
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how do i handle the gain or loss on a long-term foreign investment
how do i handle the gain or loss on a long-term foreign investment where the exchange rate has significantly changed over the four years? It seems the loss on the sale of the bond was all due to drop … read more
R. Klein, EA
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asset bought in 2001 with dollar exchange USD/EUR0=0.89, sold
asset bought in 2001 with dollar exchange USD/EUR0=0.89, sold in 2012 with USD/EUR=1.28 which is correct capital gain = 1.28*price2012 - 0.89*price2001 or capital gain = 1.28*(price2012 - price2001) w… read more
USTaxAdvising
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Currency exchange - foreign currency to USD. Many have speculated
Currency exchange - foreign currency to USD. Many have speculated on the tax rate the IRS will put on this exchange from profits realized. Some say 0%, some say 15% across the board and some say 35% d… read more
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I have been offered a loan by my company in order to early
I have been offered a loan by my company in order to early exercise 4 years worth of stock options and therefore take advantage of the capital gains tax rate rather than being taxed as ordinary income… read more
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jgordosea

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Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

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