Capital Gains and Losses

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Assume I am single filer, my ordinary income is $30K, and I
Assume I am single filer, my ordinary income is $30K, and I am selling $100K worth of stock with long-term capital gain $30K. Please explain with details how this sale will be taxed (what my total inc… read more
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I want to buy a jan 2021 leap call option.... if I hold for
i want to buy a jan 2021 leap call option.... if I hold for one year will I have capital gains status? … read more
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I am 51% owner of a Florida-based Limited Liability Company
I am 51% owner of a Florida-based Limited Liability Company (LLC). My business partner owns the other 49% of interest. Hence, it is considered a multi-member LLC. We run a software-as-a-service (SaaS)… read more
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I need financial advice. If I invest in Berkshire Hathaway
I need financial advice. If I invest in Berkshire Hathaway Class B stock for greater than a year, since they do not pay a dividend, do I only pay long term capital gain for federal taxes? I live in Fl… read more
emc011075
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Plan to sell a considerable amount of stock and looking to
hello....plan to sell a considerable amount of stock and looking to see what i might expect my tax capital gain taxes will be in 2018. … read more
Chad EA, CDFA®, CFP®
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Question about the guidelines/rules for treatment and
Question about the guidelines/rules for treatment and calculation of gains. Are there any rules that force all gains on property to be treated in the same way or can a method most favorable be applied… read more
levr
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Tax planning question: I do have a staffing company which is
Tax planning question: I do have a staffing company which is less than a year old, with about 30 staffing contracts. I am trying to sell through asset purchase agreement. While working on this deal, t… read more
Stephen G.
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I am trying to sell my veterinary practice and I want to
I am trying to sell my veterinary practice and I want to figure out how to minimize the capital gains tax. I was told having the buyer put the money in a trust for me would help. Can you explain? … read more
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In a 1 person S-corp, can expenses be deducted against term
In a 1 person S-corp, can expenses be deducted against long term capital gains? The reason I ask is because for my specific situation, paying myself a bigger salary (an expense) is more favorable tax-… read more
Mark Taylor
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I am going to sell my business that I have had for 37 years
I am going to sell my business that I have had for 37 years we are an S corp just my wife and I are owners. Next year when I plan to sell I am curious what capital gains will I suffer… read more
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S corp is selling business, goal is to get term capital gain
s corp is selling business, goal is to get long term capital gain treatment for goodwill ($600,000 value). Am trying to use personal goodwill scenario and have the sale between the shareholder, corpor… read more
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I sold a $100,000,000 business, with $100,000 down payment,
I sold a $100,000,000 business, with $100,000 down payment,and payments of $100,000.00 / year..for the next 9 years.What will be the Capital Gain Tax on the first year??and the other 9 years??… read more
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My partner and I are starting the process of selling our
My partner and I are starting the process of selling our C-corp in which we are the sole stock owners. I have a few questions. 1. I'm assuming that the stock sale will be treated as long term capital … read more
levr
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my wife and I file joint returns. our app. income for 2014
my wife and I file joint returns. our app. income for 2014 is 235,000.00 I am selling my sub s company stock for app.900,000.00. should I sell in 2014 or wait until 2015 when our income will be app.10… read more
USTaxAdvising
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simple question here....I need to sell some stock but want
simple question here....I need to sell some stock but want to minimize the capital gains tax impact. Am I correct in thinking that I should focus on selling all stock subject a long term capital gain … read more
Tax.appeal.168
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I would like to know the specific capital gains tax rate for
I would like to know the specific capital gains tax rate for selling an online business that I've owned for several years. I only sold the website and all related material used to run the business and… read more
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I am thinking about selling a small Sub S business I purchased
I am thinking about selling a small Sub S business I purchased in 1988 this year.If I sell it for $400,000 will I pay long term capital gains on the total price of $400,000 or will I be able to deduct… read more
PhillipB EA
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I had General Motors bonds which became assest of Liquidation Motors after the GM bankruptcy. The bonds were converted ( I call it that becasue the bonds dissapeared from my account and were replaced … read more
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