Calculating Capital Gains and Losses on Schedule D

Short Short term gains and losses, long term gains and losses. Figuring your tax rate when you have just one type may be easy, but what happens when you have a combination of them?

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Holding Periods

A holding period of a particular investment or asset is the amount of time you have owned it or possessed it. The IRS uses the holding period to determine your gains and losses. Find out how holding periods can affect your taxes...more

Understanding Capital Gains Tax Rates

A hot area of interest for investors when it comes to tax time is capital gains tax rates. This article will help you figure the rate out for your tax bracket and includes some helpful advise on how to lessen your tax load...more

Wash Sale Rule and Taxes

The wash rule comes in to play when you sell the stock in order to be able to deduct the loss for tax purposes but then buy it back right away. Under the tax law, you are not allowed to deduct the loss on your tax return if you buy replacement stock shortly before or after the sale of the initial stock ...

Turning an Investment Loss into a Tax Gain

The IRS knows that the only way they will make money is if you make money. They offer numerous deductions and credits to help you invest and reinvest your income. But what happens if your investments lose money for you? Find out why it may not be as bad as it seems.

Investment Interest Vs. Margin Interest

Investment/margin interest can be written off if it exceeds your investment income. This means that the money you make, the gain on your investments if more than the amount of interest that you paid on your loans to make the investment, is deductible. Find out more!

Making Tax-Free Investments

All those investors out there know that come tax time, those investments you have made can all of a sudden become a painful reality. We have a few tips for actually saving taxes while investing.

Paying Taxes on Annuity Fees and Expenses

The reason many investment industry experts dislike annuities are for their high fees and expenses. The two types of annuities are the fixed annuity and the variable annuity. The variable annuity carries with it higher fees and expenses because it contains more features. Find out more!

Tax-Free, Tax-Deferred and Taxable Investments

The Taxpayer Relief Act of 1997 has changed the way we look at the investment landscape. Taxes are always on our minds now. Find out what tax-free, tax-deferred and taxable investments can mean for you.

Importance of Capital Gains and Losses

It is of great importance for you to understand and calculate your cost basis correctly. While the value of your equity is the price you paid for your stocks, it is not the number you should report on your tax return...

Managing Capital Loss Carryovers

Capital losses that exceed the amount of capital gains for the current year can be carried forward to offset the following years capital gains until your capital losses have been used up.

Deducting Investment Costs

Whether you are a part-time investor with a full-time job outside of investing, a part-time investor who is self-employed and works in your home or an active investor with no other job, you may be able to deduct costs associated with investing.

Cost of Your Home Computer Can Offset Your Taxes When Used for Investing

As the use of the computers has increased in managing our daily lives, so have the tax deductions for buying one. Depending on the use that you put your computer to for investment purposes, the cost of the machine may be written off. Find out how here!

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Tax Tips

Tax Tips for Investors

Investing in small business stock can be a good idea. This is because if you realize a capital gain after holding the stock for more than five years, 50% of the gain may be excluded when you sell or exchange the stock...more