|
[VIEWED 7509
TIMES]
|
SAVE! for ease of future access.
|
|
|
|
Lokay
Please log in to subscribe to Lokay's postings.
Posted on 01-25-17 10:32
AM
Reply
[Subscribe]
|
Login in to Rate this Post:
0 
? 
|
| |
Hello Experienced Stock investors, How is the gain or loss on stocks affect income tax?
|
| |
|
|
|
|
magorkhe1
Please log in to subscribe to magorkhe1's postings.
Posted on 01-25-17 12:09
PM [Snapshot: 60]
Reply
[Subscribe]
|
| Login in to Rate this Post:
2
?
Liked by
|
| |
Did you buy and sell stock? How did you do it? If you are capable of buying and selling stock , by now you should have figure it out it's impact on income tax. Here is the link. https://www.irs.gov/instructions/i1040sd/ch01.html#d0e789
|
| |
|
|
Lokay
Please log in to subscribe to Lokay's postings.
Posted on 01-25-17 12:13
PM [Snapshot: 64]
Reply
[Subscribe]
|
| Login in to Rate this Post:
0
?
|
| |
Just started via Robinhood
|
| |
|
|
cool_like_a_bird
Please log in to subscribe to cool_like_a_bird's postings.
Posted on 01-25-17 1:06
PM [Snapshot: 104]
Reply
[Subscribe]
|
| Login in to Rate this Post:
1
?
Liked by
|
| |
You can directly import tax document(capital gain loss/dividend) in turbotax from the major brokerage accounts including Robinhood.
|
| |
|
|
Mr. D
Please log in to subscribe to Mr. D's postings.
Posted on 01-25-17 2:00
PM [Snapshot: 140]
Reply
[Subscribe]
|
| Login in to Rate this Post:
1
?
Liked by
|
| |
There are two types of taxes on gains.. Long Term, which is for stock held for more than a year, and Short term is shorter than that.. The Long term are not taxed or taxed 15% depending on your income. Short Term are taxed as just your regular income. However Loss offsets the Gain which is a good thing here in US.
|
| |
|
|
