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I have short term capital loss carry over does that offset
I have short term capital loss carry over does that offset capital gain of a rental sale … read more
emc011075
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Thank you so much for your Tax advice. I received K-1 from
Thank you so much for your Tax advice. I received K-1 from Vanguard Natural Resources which CODI is $95600. I purchased 30,000 shares which value was only 1800 … read more
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I have a capital gain from sale of stocks question. If I
Hi, I have a capital gain from sale of stocks question. If I bought 100shares of $30 stock, and then later sold all shares for $50 ea, how much tax do I owe on the $2,000 gain? What if the stock price… read more
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I lost money through investment fraud and I need to know if
I lost money through investment fraud and I need to know if I can use that to offset capital gains, and also if that loss can then carry forward to future years. … read more
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I have an stock investment (100 shares )I have had greater
I have an stock investment (100 shares )I have had greater than a year. I've very poor results. I've lost nearly $8000.00 of my orignal investment. If I'm correct I believe The max capital gain loss I… read more
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I know that if you have business loss or rental real estate
I know that if you have business loss or rental real estate loss in previous year, you can deduct the amount if you have enough income the following year, so you can pay less tax compared to without a… read more
Jax Tax
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Hi, I am considering selling one or more investment properties
Hi, I am considering selling one or more investment properties acquired through 1031 exchanges in 1994 & 1996. I need to estimate how much I'll clear from each sale after taxes (fed & CA) and I need h… read more
Megan C
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I have a roughly $20k capital stock lost in 2012. I am too
I have a roughly $20k capital stock lost in 2012. I am too lazy to cary over just $3k to 2013, to 2014, etc. Now let say in 2015 I gain $20k in stock. I can offset this gain in 2015 of $20k agains the… read more
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If Marys goal is to minimize her AGI for the two years,: •
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For 2011, I have massive schedule "D" (stocks and options)
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I have a stock portfolio which over the past 10 years has accumulated
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is there a Allowable Business Investment Loss (ABIL) in the
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Hi I have been un employed since March of this year. During
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I have a $50K stock loss carryover from 2001. I have not traded
I have a $50K stock loss carryover from 2001. I have not traded since and have been applying $3000 to each tax return since then. I decided to start trading again this year and have a gain of $10K. Tw… read more
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I have a bigger problem this year. Assume I have $500k in
I have a bigger problem this year. Assume I have $500k in stock losses in 2008 and 200k in stock gains in 2009. Simplistically, is it true that in 2009 I can take $200k of the stock loss carry forward… read more
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what is the test way to avoid paying capital gains taxes ...
what is the test way to avoid paying capital gains taxes when selling a stock? I heard it's best to own it for 1 year and one day chris… read more
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For California 540 I had a $20K stock loss 3 years ago ...
For California 540: I had a $20K stock loss 3 years ago and a $10K stock gain this year. Can I carryforward the $20K loss to offset the $10K gain like I can on my 1040?… read more
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