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.
292
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Is there a way to roll over short-term gains and avoid capital gain tax
I'm looking to sell some shares of stock I bought, which have provided a 62% return since I bought them a few months ago and want to roll over the proceeds into a mutual fund. I was just wondering if ...
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3
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Reducing taxable income in US in December
My wife and I have an annual combined income of $258K. Also, this year I ended up selling quite a bit of my ESPP and RSUs which incurs both long term and short term capital gains.
Long term capital ...
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1
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Strategy to offset a big one-time windfall or gain/income for tax purposes?
This is a question of curiosity, and not a situation I am in (although one day, I could hope!). I'm self-employed for a few years now, and don't make a lot in net profit, but enough to survive on in ...
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2
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Did I get screwed in taxes on a mutual fund dividend payment?
A few years ago I bought a mutual fund in late November, and unbeknownst to me, the fund was set to do an annual dividend distribution about 3 weeks later in mid-December.
I bought 5000 shares at $...
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3
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Taking Losses To Save On Tax
I had a long term capital gain of 3000$ this year from sale of one stock. If I take a long term loss of 50$ on another long term holding, can I reduce capital gain tax on the my profits?
Is this a ...
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2
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Further Understanding of Wash Sale Rules
First let's make sure I understand a Wash Sale:
Let's say I invest in 100 shares of ABC stock for $100 and after a week sell the 100 shares of ABC for $70, I've lost $30 which I can deduct from my ...
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3
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Can time invested be considered capital?
If a business owner works for no salary, but puts time and effort into the business, can those hours be considered a capital investment? If so, is there a term for that kind of work?
Example 1:
A ...
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2
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In India Is the profit earned from investing in SIP for less than five years interest free?
In India Is the profit earned from investing in SIP for less than five years interest free ?
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2
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Bitcoin Cost Basis Purchases
Suppose that a client purchases 10 BTC over a price range of $180 to $290 and transacts twice with his BTC for a total purchase of 2.7BTC. Two questions:
Based on this, the IRS taxes bitcoin like ...
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Why do taxes exclude reinvested dividends and capital gains as performance?
Source: p 371, Investing For Canadians For Dummies, 3 Ed (2009) by Tony Martin, Eric Tyson
[...] [1.] First, the programs can calculate
your effective or “internal” rate of return
(IRR) by ...
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What are the tax implications of dividends that I receive from stocks (equity) that I hold?
I have purchased some shares in the Bombay Stock Exchange. Its been 6 months and have received some dividend income from them. Does this count towards my total income? Will I have to pay income tax on ...
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Fetching technical indicators from yahoo api
I am trying to get RSI indicator from yahoo finance api.
so far I can get quote in CSV format, but there seems no api for specific indicator such as RSI.
Anyone knows how ?
thanks
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0
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Capital gains tax from selling Canadian property for Canadian non-resident
Case: Capital Gain Tax Implications for House in Toronto, ON
Purchase value of House in 2000: $230,000
Potential Sale value in 2015: $650,000
Joint-owners: David & Rebecca, married and both are ...
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Capital gains tax when I sell my home if I use a portion of it for an AirBnB
We live in Virginia. We own a nice-sized home and now that the kids are gone we are living on one floor, except for the laundry room. We are considering renting out the downstairs as an AirBnB space. ...
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NRI is buying land with wife name , Can we get back that money to U.S later through NRE account?
Thanks for your help in advance
I have sent the money to NRE account.
From my NRE account I transfered money to my wife Indian account to
buy the land.
My wife ( She is dependent on me having H4 ...
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1
answer
348
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Long Term capital gain tax for selling land abroad
My husband and I are currently in the US and pass the substantial presence test for residence (31 days in 2015 and 183 days on the whole)
We want to sell a self acquired property purchased in the ...
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What to do with dividends and capital gains from Roth IRA. Reinvest or Transfer to market settlement fund?
I am 22 and just opened a Roth IRA from Vanguard. I am putting 5.5K a year but I was wondering if someone can give me pros and cons for what to do with my dividends and capital gains?
The two options ...
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U.S. stock sales- tax on sale for NR Canadian
I am a Non-resident Canadian living in Thailand on a Retirement Visa and my non-residency status dates back to 2013. I have no income except for CPP,. OAS, and a company pension all of which total $...
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In which infrastructure bonds should one invest to avoid capital gains tax after selling a property in India?
This is a follow-up question to
Taxes on sale of property
What are the available infrastructure bonds and can one withdraw that amount at any moment or some lock-in period is there?
How capital gain ...
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112
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Tax on Sale of Property
My uncle has sold his property and he deposited the money he received from selling the property. I like to know, if he keeps that amount in his bank account for an year, will that money be taxed? He ...
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Is it a good idea to sell prior to moving to a higher tax state?
For the purposes of this question, suppose:
I'm moving from a state with 0% capital gains tax to a state with 5.25% capital gains tax;
All capital gains are long-term;
I have some mutual funds that I ...
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Australian stocks - any dividend tax or capital gains tax?
Can someone please provide some information on this? I would like to invest in Australian companies and want to know about the tax rates. Am a foreigner who is non-resident.
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WHEN should I realize capital gains before going from non-resident alien to resident alien in USA?
I have read this post (How to realize capital gains before going from non-resident alien to resident alien in USA) and would like to ask a follow-up question.
It's understood that capital gains ...
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348
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What are the tax implications of earnings from the stock market (BSE)?
I am planning to sell all my stock and have all my money transferred to my own savings bank account. What is my tax liability?
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What should I use as the cost basis for stock that was purchased before becoming a US resident?
I held some stock in Australia for 14 years and 4 months that has enjoyed some healthy long term capital gains in that time.
Recently I became a US Resident for Tax Purposes under the Substantial ...
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How to realize capital gains before going from non-resident alien to resident alien in USA
I am a foreigner and will move to USA next year (2016) and want to optimize my tax situation beforehand. I bought stocks in 2009 which appreciated in value but I would still like to keep them.
So my ...
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2
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Stock trading after a crash
Let's say that I bought 500 shares of company ABC while the stock was doing well, and paid $10 per share for a total of $5,000. Then over the next year (while I was overseas, let's say) the company ...
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Owned house for less than 2 years - 1031 exchange?
My wife and I bought our first house about 8 months ago. It turns out it's not the right fit for us (for many reasons). Because of this, we want to sell it and move to the suburbs on the other side of ...
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Can large long-term capital gains be offset by not being employed?
If I understand correctly, you pay 0% long-term capital gains tax if you are in the 10% or 15% income tax brackets (i.e. if you make $37,450 or less).
If I knew I had to sell my stock that had, say,...
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Can I use losses from sale of stock to offset capital gains from sale of property
If I make a capital gain from the sale of a house but make capital losses from the sale of stocks in my brokerage account (not tax sheltered), then can I use the losses against the gains to reduce my ...
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Treatment of web domain ownership & reselling for tax purposes: Capital asset, or not?
I run a web publishing business. I buy a large number of domains — and occasionally sell one, although not frequently. Some domains are developed into websites, which bring in advertising ...
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Where to park money from the sale of a rental property?
If I sell my investment property to raise cash for the purchase of a new home, I am required to pay capital gains tax (i.e. income tax on 50% of the gain amount.)
Is there a way to park this money ...
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Using stock options to lower income tax in the USA?
Lets say I have a small company and I pay myself a salary of 200k / year. I'm in the 33% tax bracket. I've thought about a strategy to lower my taxes to about 20%, but not sure if it's viable. Would ...
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When is there a difference between short- and long-term capital gains?
I have always heard that short-term capital gains are subject to more tax than long-term capital gains. While preparing my 2014 federal tax return, though, it seemed as if all of my gains were being ...
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How do I account for a forced buyback (repurchase) of shares if I buy them back within 30 days?
A company I held shares in forced a buyback of a portion of my shares in them. Within 30 days, I then bought back that same number of shares to maintain my holding and basis. However, taking the two ...
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How to report short term capital loss occurred between 16-Mar and 31-Mar in ITR2?
I have short term capital gains from sale of equity shares for India financial year 2013-14 as below (Figures are hypothetical, but the concept is exactly how I am facing it)
Gain of Rs.30000 in ...
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4
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Small capital investment in Germany [closed]
Since from next year I'm planning to take a peek at the brick market in order to buy a house (I'm going to ask a loan - therefore I need a capital to begin with) here in Germany where I live, I'd like ...
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2
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USA H1B Employee - Capital gains in India from selling selling stocks
I moved to the US in May 2012. I had made some investments in Indian stock markets. Since I did not make any significant profits in 2012 and 2013, I never paid taxes on that. In 2014, I have made some ...
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Amortizing bond premiums for corporate bonds?
I know you can amortize bond premiums on your US tax return. You can keep deducting the amortized amount every year till maturity. However, if you decide to sell the bond before maturity and have been ...
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Reporting 988 transactions on tax returns?
How do you report a 988 transaction on a tax return (on which IRS form) and how do you elect it as ordinary income/loss vs. capital gain/loss?
I believe its covered in: 26 U.S. Code § 988 - Treatment ...
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First convert owner occupied to rental, then sell --- capital gain?
Bought a house at 250k, converted after 8 years to rental (was worth some 160k then), rented out for two years, sold for 250k. While renting, depreciation was based on market value, 200k. What is ...
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Capital gains on foreign investment?
An American "tax person" living solely in Canada must report any interest income earned in Canada on his/her US tax return. But, does this income include any gains or losses caused purely by currency ...
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Capital gains on sale of property taken using housing loan
We bought a house for Rs 40lakhs/- by taking housing loan for Rs 35lakhs/-,
however the property was registered only for Rs 15lakhs/-(this is the amount in the sale deed).Now we are planning to sell ...
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1
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How can I reduce my tax liability on proceeds from the sale of a company?
My (Canadian) company is about to be sold and as one of the first employees I'm expecting a significant payout from options (e.g. $2M !).
That sounds like an incredible amount of money, but this is ...
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2
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Do I still need to pay capital gains taxes when I profit from a stock in a foreign currency?
Let's say I convert CAD 100 to USD 90. With the USD 90, I buy a stock that goes to USD 100, and then I sell it.
If I don't convert the resulting USD 100 back to (say) the CAD 105 it might be worth at ...
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For my self assessment do I need to fill out both the Capital Gains Summary and Tax Return?
I received a documents through the post from the HMRC, a Capital Gains Summary and a Tax Return. The thing is I just want to tell them my gains/losses in shares using the Capital Gains Summary ...
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A deferred capital gains tax similar to the real estate 1031 Exchange but for securities reinvestment?
I am looking for a way to transfer a stock that has done well into a safer investment (like an index fund). I assume the only way I can do this is sell the stock, pay the tax owing, and buy new stock.
...
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(US) What is the deduction for gifts of appreciated stock with restricted registration rights?
I have appreciated stock that I am allowed to give away to charitable transferees, but those transferees will have restricted registration rights for 12 months. They cannot sell the stock for 12 ...
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As a french tax resident, do I have to pay french capital gains tax on a UK property
I have had a UK property for 11 years (currently let out)
I live in France and have been tax resident here for 6 years.
If I sold the property today, would any Tax be due anywhere?
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What does it mean to be "offset against taxable gains"?
In a shareholder's derivative litigation I have the following statement of the financial situation which this case arises from:
"Plaintiffs contend that if the company were to sell the purchased ...
user20687