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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1answer
365 views

Does a corporation pay same capital gains tax as an individual?

If I open up a corporation in Canada and the sole purpose of the corporation is to trade stocks, does the corporation pay the same kind of taxes on investment gains as if I were trading those stocks ...
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0answers
24 views

What assets/earnings are included as “income” when determining capital-gains tax rates? [duplicate]

According to Investopedia, people pay varying long-term capital gains tax based on an income-based rate schedule. It appears that a person with single tax-filing status who earns less than $39,375 (...
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1answer
37 views

Do short term capital losses have to be used against long term capital gains for tax purposes?

As explained in this article, I understand that short term capital losses can be used to offset long term capital gains: Long-term gain with short-term loss Again we have to consider two ...
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0answers
20 views

Can transaction fees for same-day trades be deducted from UK capital gains?

Let's assume I buy and sell the same amount of shares on the same day and that the net result is zero, excluding transaction fees. Can - or should - these fees be deducted from the capital gains tax?
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0answers
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Sale of property in India purchased earlier using US funds and repatriate now to US [duplicate]

I was Non Resident Indians, purchased property in India with funds earned in USA. The funds were transferred from my US account to my In-Laws Bank Account in India. I am now US Citizen. I am in the ...
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1answer
3k views

Can I declare a capital loss on a vehicle sale? [duplicate]

If I sell a car or boat at a profit, I assume I have to pay a capital gains tax. Does it work in reverse as well? Can I declare a capital loss if lose money on the sale of a car or boat?
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108 views

HYG vs JNK Capital Gains

How has HYG gone years without paying a capital gains dividend, whereas JNK has paid several? I know avoiding capital gains dividends is good because it reduces the need to pay capital gains taxes, ...
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0answers
197 views

Taxes on capital gains and dividends for non-resident alien

I am a citizen of Spain living in Spain. In the past I lived in the US for over 10 yrs. During the time I lived in the US I opened a brokerage account to trade stocks. Now I have two options: Claim ...
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4answers
736 views

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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1answer
1k views

What are the tax implications of selling an investment property in india?

I am living in UK for last 10 years. I have an NRE and NRO account in Bank of Baroda. I want to sell my flat in India and will deposit the cheque of 50 lakh in my NRO account. I have bought this ...
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2answers
76 views

How do I determine if sale proceeds from an asset are taxable?

So let's say you're a small business and you buy a computer and expense that, and then later you want to sell it to buy a newer one. Is there an easy way to determine how much of this sale is taxable? ...
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2answers
85 views

Does Capital Gain tax free amount include other earnings?

So I was looking at the amount of tax free earnings you can get from capital. This scenario is appreciation on a property selling of about £10,000. This, of course, comes (possibly) under the £11,100 ...
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1answer
59 views

Deduct Expenses not Known and thus not Reported by the Broker on my Capital Gains

I'm interested in borrowing money from one of my credit cards to invest. Yes, I know how that sounds, and I'm aware of the risks; that is not what this question is about; I'm only interested in the ...
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1answer
122 views

What qualifies for capital losses?

According to this article and this article, pretty much everything I own can be considered a capital asset. According to the IRS here, when property is sold, only investment property can be counted ...
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2answers
234 views

Taking partial capital loss purely for tax purposes

I have a position in asset that I plan to hold for a long time. Currently its market price is on a downtrend and could possibly turn into a capital loss. I am not concerned about the near term price ...
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1answer
72 views

Returning Financial Capital to Investors

If someone invest certain amount on my company and after a year I am able to return the exact capital with the profit, what will I do to that investor? Will that person still invest in my company? ...
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1answer
125 views

Is money from selling an investment property taxed at the marginal rate?

If I sell my condo (an investment property, not my primary residence) then I imagine I need to pay tax (provided I make a profit). If I don't make profit, can I use the loss against my salary income ...
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1answer
44 views

Investment of Roth IRA Gains and 5-Year Minimum

Upon turning 59.5, one can withdraw gains from a Roth IRA without penalties and taxes if the account has been held for at least 5 years. Before the 5 years, can the gains be invested in different ...
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1answer
50 views

How can we know the capital appreciation of property in an area? [closed]

Let's say I wanted to buy a property in a certain area, I want to know how much of appreciation I am expecting in the next 5 years. What are methods that one can determine the appreciation?
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1answer
99 views

As an EU citizen studying and working in the UK, how much tax do I need to pay on gains from US stocks?

I'm a student, currently away from university for a year in industry (basically I'm working full-time September to September instead of studying full-time). I sold some US at a profit via a trading ...
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1answer
189 views

Capital Gains tax when moving for school

My wife and I purchased our home in August of 2014, but now she has been accepted into a doctoral degree program 200 miles away, so we need to sell the house and move. Unfortunately, we might be ...
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1answer
345 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 ...
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2answers
40 views

Determining % based property appreciation

Let's say I bought a real estate for $500000 in the year 2020 and is forecasted to appreciate at a rate of 5% per annum. Given the full loan years of 30 years, at the end of 2045, the house price will ...
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1answer
19 views

Should interest on CFD positions be subtracted from UK capital gains?

The question title says it all. If I open a CFD position and hold it for a while, I will be charged interest. Can that be subtracted from the net gain or loss of the trade?
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1answer
49 views

In general, do you need to make a tax declaration when there is no capital gain? (Europe and USA)

If you make an investment and you haven't made a capital gain (I am thinking specifically in investments not formally classified as such - like cryptocurrency, or any investment which doesn't come ...
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1answer
111 views

Best financial model to proportionally distribute the company's income to all employees? [closed]

I plan to start a project of something "innovative". And among some of the parts of the project that I'm thinking about, it's in the term of how money (profits) should be distributed. The truth is, I ...
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1answer
66 views

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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2answers
383 views

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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1answer
79 views

Trading security and tax

According to GAAP: If I buy 1000 shares of security A for 50$. Then later, I sell 1000 shares of security A for 150$. At the same moment I buy 1000 shares of security B for 150$. For tax purpose ...
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1answer
1k views

Whats the difference between day trading and flipping and their tax implications?

I recently started trading this year, and for the most part have only invested in companies that I plan on keeping for a while. I understand the differences between short-term and long-term positions ...
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1answer
339 views

Offsetting capital losses against gains for stocks

Let us say I hold 4 stocks in a non tax sheltered account Stock A has capital gain of 10$. Stock B has capital loss of 20$. Stock C has gain of 10$ but it is intra day, hence counted as income, not ...
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0answers
18 views

Delay in submitting W-8 BEN

I left the USA on 1/31/2019 for India, and have been in India ever since. According to 1040 NR instructions on page 10 (dual status tax payers), I could be argued as being a non-resident for 2019 ...
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0answers
47 views

How will I be taxed on a partial 1031 exchange?

I'm looking to execute a 1031 exchange (in USA) but not on the entire amount of the sale. For example say that I bought a property for $200k with $100k mortgage and I sell it for $300k. Ignoring ...
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1answer
2k views

Why would a mutual fund plummet on the same day it pays its annual distribution & capital gains? [duplicate]

Two mutual funds I follow both plummeted on the same day that they paid out their annual dividends and capital gain distributions. (The rest of the year was relatively stable.) The timing seems too ...
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1answer
56 views

S Corp with Straddles Income

I am thinking of using some S-Corp assets to trade futures this year. If this activity were to generate let's say 100K of profit, and the other corporate activities also generate 100K of revenue, are ...
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1answer
2k views

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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1answer
175 views

Canadian Citizen and Non Resident for tax purposes

I am a Canadian citizen was a non resident for tax purposes. If I sold stock shares in January 2016 and became officially a Canadian resident again in April 2016 (3 months after selling the stock), ...
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2answers
159 views

Can another tax loss be used to offset capital gains taxes? How does it work?

Firstly, I tried to find the answer to this by reading other questions, but I am still not sure and hence this question. I read that in the United States, I can deduct up to $3,000 in tax losses. So ...
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1answer
255 views

Meaning of reinvestment

Is it correct that stocks and mutual funds can distribute dividends and capital gains automatically without account holders' intervention, and then reinvest the distributed to buy new shares? From ...
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2answers
83 views

When do dividends occur but capital gains not?

Consider a one year period. In what case would a dividend be distributed by a company, but its share price not rise (other than a sudden fluctuation towards the nearing of the calculation period)? ...
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1answer
93 views

Is currency value preservation considered a capital gain?

There are many ways a currency can lose its value. For example, during the financial crisis people were dumping GBP in favor of reserve currencies such as USD, which will probably happen again during ...
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1answer
92 views

How are capital gains reported when one asset is traded for another?

Two assets with values A:$10, B:$100. Bank account starts with $10. Buy 1 asset A for $10. Trade 1 asset A for 1 asset B (great trade!) Sell 1 asset B for $100. Obviously the capital gain is $90, ...
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3answers
117 views

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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