Tag Archives: capital gains
How to Defer, Avoid Paying Capital Gains Tax on Stock Sales
The markets are hitting all-time highs, so if you are thinking of selling stocks now or in the near future, there is a good chance that you will have capital gains on the sale. If you’ve held the stocks for … Continue reading
7 Stocking Stuffer Tax Tips to Usher in the New Year
By now you are most likely deep in the throes of holiday planning, shopping and celebrating. So, your 2015 tax return may be the furthest thing from your mind right now. But you would be wise to be proactive about … Continue reading
Make Sure To Factor In Capital Gains When You Sell
WILL YOU PAY CAPITAL GAIN RATES WHEN YOU SELL?
It’s a fact: if you sell capital property like your home or stocks at a gain, you’ll have to pay capital gains taxes.
But the more you know about capital gains, … Continue reading
How Will My State Apply Capital Gains Rates?
Example:
A two wage-earner married couple with two kids have total salaries of $115,000 and itemized deductions of $35,100. Total ordinary taxable income is $63,900.
In addition, they have LTCG of $12,000 generated from sales of stock. The first $11,000 … Continue reading