How to Avoid Mutual Fund Capital Gains Successful investing often brings the unfortunate byproduct of taxes. When you take a gain, you have to report it to the Internal Revenue Service. Unless you're in the lowest tax bracket, you'll have to pay at least some tax on your profits, sometimes at a significant rate. This ...
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Tax Treatment of Stocks When you sell stocks you pay taxes on the gains, and you get to deduct the losses. How much you pay or write off depends on how long you have held the stocks. You divide your stock sales into ...Read More
The Tax Implications of Trading Futures Futures traders qualify for certain tax breaks that simplify record-keeping and save money. The rules revolve around Section 1256 contracts as defined by the Internal Revenue Service. To qualify, a ...Read More
How to Enter Short-Term Capital Gains If you've made money selling assets you've owned for less than a year, such as stocks or other investments, you must share the news with the Internal Revenue Service. The way you report the gains ...Read More
How to Declare Taxes on Stocks When you’re closing out a winning stock trade, the last thing on your mind is paying the taxman. But if your tax bracket is high and your gain small, that little profit could end up costing more in ...Read More
How to Roll a Capital Gain Into a Roth If you sell an investment for more than its purchase price, you have a capital gain. Unless the gain is in a tax-sheltered account, you’ll have to pay capital gains tax. If you’d like to contribute ...Read More