Questions tagged [capital-gain]

This tag is to be used for any question related to gain due to appreciation of capital. Typcially Capital gains are treated differently based on the geography and hence a country tag should ideally be used with this.

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9
votes
2answers
674 views

Growth of unrealized gains in tax-managed index funds

Tax-managed index funds defer capital-gains distributions by, among other things, offsetting capital gains with losses and deviating from their underlying indexes to avoid having to sell appreciated ...
2
votes
1answer
300 views

Why are mutual fund dividends and capital gains reinvested at different prices on the same date?

Consider the following mutual fund statement. The fund reinvested both capital gains and dividends on the same date, yet the reinvestment cost per share is different for the dividends than it is for ...
3
votes
1answer
747 views

If a company goes private, does it still count as a capital gain/loss?

This is related to "What happens to public shareholders when a public stock goes private?" I am pretty sure the answer is yes, but: If you own stock in a public company which is bought out, does it ...
4
votes
2answers
2k views

Capital Gains taxes on an inherited house

My grandfather passed away in 2011 and my father inherited his house. We are looking to sell the property now and are concerned with capital gains taxes. The property has a market value of around $...
1
vote
1answer
1k views

How to determine mutual fund or ETF capital gains taxes in Canada?

I live in Canada. I invest with TD Waterhouse, but I believe my question is unrelated to my specific broker. Over the course of 2011 and 2012, I invested in a mutual fund indexed to the S&P/TSX (...
6
votes
1answer
321 views

Gains/loss calculation for staggered buys & sells?

I am completely new to this, so understand that I realize that I still have a lot to learn before I invest any significant sum of cash. I've bought a few shares of stock (let's call it ABC) through ...
2
votes
2answers
1k views

Does it count as long term gains if you buy and sell more shares of an existing stock holding?

I'm a little uncertain on how capital gains tax applies to this scenario. Will it be considered a long term or a short term gain? I bought 100 shares of XYZ for a few years ago The stock does does ...
8
votes
3answers
905 views

Changes in Capital Gains Tax in the US - Going to 20% in 2011?

I have made substantial gains in the stock market this year on stocks that I have held long term (> 1 year). I understand that when I sell this stock, I will pay 15% capital gains tax. I have heard ...
11
votes
2answers
4k views

ESPP strategy - Sell right away or hold?

I participate in my company's ESPP. Unlike most ESPPs, ours purchases shares on a MONTHLY basis, the price being the average on the last day of the month. A dollar contribution is taken out of each ...
4
votes
2answers
845 views

If I buy a property in an underage dependent's name am I exempt from capital gains (losses) on my income tax?

If I purchase a property in an underage dependent's name (son or daughter), and then sell it before they reach the age of majority, do I need to claim the capital gains (losses) on income tax if I ...
2
votes
2answers
117 views

Capital Gains on Stock Sold in Order to Sell House

I'm currently underwater on my mortgage. If I liquidated part of my mutual fund holding in order to pay the difference between the sale price of the house and what is owed, does the standard capital ...
2
votes
1answer
1k views

How converted stock is taxed due to an acquisition

Private company A was bough by a public company B. All unvested A's common stock (result of early exercise) will be rolled into B's restricted stock (with the same vest schedule). Is this taxable ...
0
votes
1answer
335 views

83(b) and long term capital gain

I have been in company A for ~10 months and I have been granted X amount of ISOs (Incentive Stock Options). Though, none of those ISOs have vested yet. Now company B just bought company A (deal is ...
3
votes
1answer
136 views

Cashing in a Self Selected Stocks & Shares ISA

If I wanted to cash in my ISA today, what taxes would I have to pay and what percentages would they be? I think that if the value of the ISA is about £10,600, only then would I have to pay capital ...
2
votes
1answer
543 views

Tax consequences of short term capital losses

How do short term capital losses figure into taxable income? If someone has 50k of taxable income before considering capital gains (and losses) and a total of $2k in short-term capital losses, what ...
2
votes
2answers
698 views

Cashing in stocks for house downpayment

I've got a handful of stocks that I'm planning on cashing in for a house down payment. I'm wondering if anyone knows if I will get hit with capital gains tax, if I'm immediately reinvesting the money ...
4
votes
2answers
1k views

When transferring shares to an adult from a irrevocable trust, what is the cost basis of those shares?

My grandparents set up an irrevocable trust account that has a few stocks in it. Now those shares are being transferred to me from the trust. Since those shares have value at some point, Uncle Sam ...
5
votes
4answers
16k views

Do I have to pay a capital gains tax if I rebuy different stocks?

If I sell stocks and bonds and have a capital gain, and rebuy different stocks within a certain time frame, will I still be paying the capital gains tax from the original sale? ( just want to change ...
3
votes
2answers
4k views

Can capital gains be used to fund an IRA with tax advantages?

This may be a naive question, but to me this seems like it should work. Say I earn $1,000 this year in capital gains from selling some stock that appreciated. I think this is taxed at the capital ...
2
votes
1answer
1k views

Can a loss on the sale of my house offset capital gains tax from stock options?

I've lost a bunch of value on my primary residence. I've got a bunch of vested stock options that, when exercised/sold, will be a substantial capital gains. If I sold my house the same year I ...
5
votes
2answers
111 views

What are the tax implications of improvements to a home that's not primary residence?

How are expenses related to fixing up an investment property treated? Are they deductible? What is a qualified expense? Are they deductible from income, or only used to offset capital gains? USA rules,...
3
votes
1answer
186 views

Tax implications on profit/loss from selling a home that's not your primary residence?

What is the tax treatment for profit/loss on the sale of a home that is not your primary residence? Does length of ownership matter? USA rules, please.
6
votes
3answers
14k views

Taxes on selling stock

If I want to sell some stocks to buy other stock do I have to pay taxes on the profits from the sale of the first stock? How long can I keep the cash in my brokerage without having to pay taxes on ...
4
votes
3answers
102 views

Investing in stocks with gross income (not yet taxed) cash from contract work?

I do side work, every year I usually have somewhere between $10,000 and $25,000 in cash. Every year I do my taxes I mark this as additional income and pay taxes on it. This year I'm going to have an ...
6
votes
1answer
2k views

Can capital gains from employee stock options be transfered to a TFSA to avoid taxes?

In a scenario where, for example: An employee exercised a "same-day-buy-and-sell" operation on his employee stock options. He ends up making a profit / gain of $10K. He already has a yearly salary of ...
9
votes
2answers
731 views

Benefits of Purchasing Company Stock at a Discount

The public company I work for offers a stock purchase plan at a 15% discount. There is an annual limit to how much each employee can purchase at the discounted rate. To keep things simple assume: ...
3
votes
1answer
4k views

How to report “short term capital gains distribution” to IRS

I am writing Sch D software and researching the proper way to report certain capital gains distributions from leveraged EFTs, for example TYH. These distributions are reported as "short term", see ...
8
votes
1answer
11k views

How many days do I have to hold a stock before it is considered a capital gain by the CRA?

I want to sell a Canadian stock from my investment account that I bought a month ago. The stock makes about 20% gain and I am afraid it might go down in the further. If I sell it now, will Canada ...
4
votes
2answers
27k views

How long do you have to live somewhere to be a resident for tax purposes?

My company is paying me with large amounts of equity pay. Theoretically*, I could delay realizing some of the gains on this equity and move to a place which, unlike California, does not charge 9.3% on ...
4
votes
2answers
268 views

Are bond ETF capital gains taxed similar to stock or stock funds if held for more than 1 year?

Are gains on bond ETFs held for more than one year taxed at a lower rate, similar to stocks and funds holding stocks? I'm referring to the change in price of the fund, not dividends.
5
votes
2answers
4k views

Should I wait to sell a stock (at a loss) that I have held for less than a year?

I currently hold some shares of a stock that I don't expect to regain much value. I bought this (at a higher price) about 8 months ago. My limited understanding of the way capital gains taxes work ...

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