Tax

Have a tax question? Ask a tax Expert

Connect one-on-one with {0} who will answer your question

Related Tax Questions
I have a stock investment related question: in 2020, my
Hi there, I have a stock investment related question: in 2020, my short term stock investment will end up with negative profits (loss), but my long term stock investment (stock purchased more than a y… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
53,997 satisfied customers
How should I structure buying and selling stocks, so I do
How should I structure buying and selling stocks, so I do not have to pay short term income taxes… read more
James Daloisio
James Daloisio
Attorney
Doctoral Degree
2,789 satisfied customers
Question regarding taxes for options trading, is this
question regarding taxes for options trading, is this something you are familiar with? … read more
NelsonProTax
NelsonProTax
Remote Tax Support Expert
Master's Degree
2,265 satisfied customers
What are the -term vs. short-term considerations when
What are the long-term vs. short-term considerations when selling stock from an employee stock purchase plan (ESPP)?… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
53,997 satisfied customers
I have been stock trading for a year. I have sold stock and
I have been stock trading for a year. I have sold stock and bought stock all year, mostly the buy and sell is done in one day. I am not keeping any money, just reinvesting it into a different company.… read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
20,449 satisfied customers
I read about short-term gains and term capital gains. Is it
I read about short-term gains and long term capital gains. Is it true that short-term gains (losses) (stock sales specifically) are also capital gains(losses). The key word being "capital" I can't fin… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
53,997 satisfied customers
I want to withdraw shares out of my brokerage account which
I want to withdraw shares out of my brokerage account which I receive from the company I work for. What are the tax implications?… read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
IRS Enrolled Agent, CFP(R),
Master's Degree
4,168 satisfied customers
What are the long-term vs. short-term considerations when
What are the long-term vs. short-term considerations when selling stock from an employee stock purchase plan (ESPP)?… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
53,997 satisfied customers
If a student on F1 Status participates in stock trading --
If a student on F1 Status participates in stock trading -- what is the total tax percentage on the profits -- assume state as georgia -… read more
Dave CPA
Dave CPA
Master's Degree
740 satisfied customers
Sean, a calendar year taxpayer, purchased stock on June 18,
Sean, a calendar year taxpayer, purchased stock on June 18, 2006 for $17,000. The stock became worthless on June 4, 2007. What is Sean's loss in 2007? $17,000 short term capital loss No loss $17,000 i… read more
Merlo
Merlo
Tax Consultant
558 satisfied customers
I recd shares of nfs stock in connection with Prov. Mutual
I rec'd shares of nfs stock in connection with Prov. Mutual demutualization in 10/2002. In Jan 2009, the shares were sold. We were told that IRS has historically taken the position that the cost basis… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
53,997 satisfied customers
Can I deduct All short term stock losses agains regular income
Can I deduct All short term stock losses agains regular income ? ...... Can I deduct All long term losses against my long term income, (sale of property), ?… read more
Lev
Lev
Tax Advisor
Bachelor's Degree Equivalent
53,997 satisfied customers
Are stock sales proceeds taxed as regular income I purchased
Are stock sales proceeds taxed as regular income? I purchased Allstate stock over 5 years, and "cashed in" the stock last year.… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
Stock trades gains or losses, how are they taxed And if theres
Stock trades gains or losses, how are they taxed? And if there's no other incomes? What are the advantages and disadvatages? Are they treated as income?… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
I have sold an option on a stock. Is it taxable this year as
I have sold an option on a stock. Is it taxable this year as income or next year when it expires, or does it reduce the basis of my stock and taxable when I sell the stock?… read more
Bill
Bill
Master's Degree
3,252 satisfied customers
I have a capital loss carryover of $15,000 from 2007 federal
I have a capital loss carryover of $15,000 from 2007 federal income tax. If I sell stock in 2008 for a capital gain of $15,000, will there be an increase in my income tax for 2008 or does the loss off… read more
Marvin,EA
Marvin,EA
Enrolled Agent
Bachelor's Degree
1,663 satisfied customers
I am a us citizen with 9 children who are us citizens . we ...
I am a us citizen with 9 children who are us citizens . we reside in Israel. I have no income and threfore did not file any tax returns . I want to invest in stocks in the u.s. and I was wondering wha… read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
aproximately what percent of tax do you pay on a stock that ...
aproximately what percent of tax do you pay on a stock that you sell at a profit...if you have it less than one year??… read more
Jon Andrews
Jon Andrews
CPA
3,038 satisfied customers
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.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

5,914 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

673 satisfied customers

B.A., M.B.A, J.D.

Loren

Loren

Attorney

555 satisfied customers

Over 25 years practicing law

Robin D.

Robin D.

Senior Tax Advisor 4

21,808 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,666 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

< Previous | Next >

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.

Show MoreShow Less

Ask Your Question

x