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Are there any circumstances that negate a loss when selling
Hi, are there any circumstances that negate a loss when selling a stock for less than it was purchased for? For example, a limit on the amount of time before buying more of that stock?… read more
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If I sell stocks and take a loss in this year, how much will
If I sell stocks and take a loss in this year, how much will be weighed against income>? … read more
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For stock losses in a year, how long can they be deducted for
For stock losses in a year, how long can they be deducted for and from what income? Only from stock gains or from other? Thanks.… read more
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if ones online brokerage account was used by a second party
if ones online brokerage account was used by a second party to purchase stock over 10 years ago which was recently sold at a 95% could the owner of the account use the loss to offset the proceeds from… read more
Robin D.
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I am a co-owner of some property. The purchase price back in 2007 was 725,000. It was rece
I am a co-owner of some property. The purchase price back in 2007 was 725,000. It was recently sold for 405,000 for a loss of (320,000). I'm selling quite a bit of stock this year and will have some s… read more
RD
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If I have passive rental losses, and have an AGI that does not allow me to utilize these passive losses against non-rental income, can I carry these losses forward to a period in which I have passive … read more
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I recently sold ESPP shares that I was holding for a company
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This question pertains too tax credits and deductions. I have
This question pertains too tax credits and deductions. I have some deductions that I have already claimed and am pretty happy with the refund so far. I still have 2 more deductions to do, an investmen… read more
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regarding 2008 tax year i retired in 2006; i began day
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I own a business in Illinois and have a URL on-line. I am
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If I have 50k worth of real estate losses - I know the general rule is that I can only deduct or reduce my taxable income by 25k for that given year. But if I form an LLC or Corporation and quitclaim … read more
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My dad recently passed away and left me 25% of some stock ...
My dad recently passed away and left me 25% of some stock that he had. Will I have to pay tax on that? If I sale the stock, would I have to pay tax on the proceeds? Lets say it was roughly 75K. How mu… read more
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I sold some stock I received from my parents estate.
I sold some stock I received from my parent's estate. My sister is the administratrix. The stock was issued in her name; she gave me the money. At the date of my parent's death, each share was worth $… read more
Stone Financial
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I bought stock in a privately held company. I sold the ...
I bought stock in a privately held company. I sold the stock for a loss. I held the stock for over 5 years. Can I write this off as a loss? If so what type of paper work would I need? Thanks!!… read more
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