Capital Gains and Losses

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I and my wife file married filing jointly and make close to
I and my wife file married filing jointly and make close to 225$K per year in total. I have invested in some stock in Jan 2021 and that investment is now up close to $200k in profits. If I pull out th… read more
JeffS6413
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< My company 401K stock went public in November of 2021
Hello< My company 401K stock went public in November of 2021 @17.00/ I bought these stocks at varying prices over the years at .12cts to .19cts. per share. Do I have to wait an year from the Novemb… read more
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I have filed tax married jointly, Has Adjusted gross Income
Hello, I have filed tax married jointly , Has Adjusted gross Income of 97000K, If I sell a house within 9 Months After the purchase in the profit of 95 K, How much Capital gain I need to pay, is their… read more
bkb1956
bkb1956
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I was one of the beneficiaries of a trust that was recently
I was one of the beneficiaries of a trust that was recently dispersed. The trust was created by my grandmother in the 90's, and she's still living. I now have an individual brokerage account holding t… read more
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Overview: I am a self employed programmer. My income for
Overview: I am a self employed programmer. My income for 2020 will be about $18,000, somewhat less than normal because of the pandemic. This fall, I received a lot of bitcoin as Gifts. Before I knew b… read more
emc011075
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I just got disconnected looking to chat with an tax expert
Hi there, i just got disconnected looking to chat with an tax expert who can help advise on reducing short term capital gains tax, resulting from a buy-back of company stock … read more
Robin D.
Robin D.
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Here's a scenario I would like to learn what the tax
Hi there, here's a scenario I would like to learn what the tax implications are: If I buy $1,000 worth of stock (10 shares at $100 each) on "margin" and lets say that the stock is valued at $1,200 a f… read more
Lane
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Scenario: My daughter is 19 years old and has a stocks in
Scenario: My daughter is 19 years old and has a stocks in UTMA account. She is marked as "dependent" on my tax form 1040. But she files her taxes independently. Her tax form 1040 states someone can cl… read more
Robin D.
Robin D.
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Is there any tax benefit to having an S-Corp purchase stocks
Is there any tax benefit to having an S-Corp purchase stocks instead of me personally?For example, one business I own has nothing to do with investing but maybe it's smart to take some profits and put… read more
JeffS6413
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I have a friend who said I create a C-corp, and have the
I have a friend who said I create a C-corp, and have the C-corp create a LLC, and day-trade out of that LLC. Currently I'm sitting on top of a lot of realized gains, I plan to make even more profit. D… read more
ALEX O
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I have stock dividend income,+ an LT gain, A ST huge loss
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Lev
Lev
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I need financial advice. If I invest in Berkshire Hathaway
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emc011075
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I have a Mutual fund with MSI Financial Services, Inc. I see
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How is capital gain tax from selling of stocks deducted in
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If a person has an adjusted gross income of 20,000 does he
if a person has an adjusted gross income of 20,000 does he pay any capital gains tax on the sale of a stock which has a gain of 250000?… read more
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I sold a 2 family used as an investment and with depreciation
I sold a 2 family used as an investment and with depreciation as well as time not rented have significant cap loss. Can that be used to offset cap gains from non real estate investments eg mutual fund… read more
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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
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I have two UNrelated questions: 1-I am taking russian classes
I have two UNrelated questions: 1-I am taking russian classes online. She is Russian but is in the US. We meet on skype and I pay her by paypal. This is how it works. At the end of the year, must I is… read more
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