The Capital Gains Blog » itemizing_deductions

Capital Losses Mutual Funds

admin — Sat, 27 Feb 2010 10:00:56 +0000

Question: If an asset loses all basis, due to bankruptcy will the owner take an ordinary or Capital Loss?life insurance policy-insurance company goes bankrupt? Small business equity-business goes bankrupt? savings account-bank goes bankrupt amount exceeds FDIC insurance? Pension plan goes bankrupt? Mutual fund goes bankrupt? ThanksAnswer: life insurance loss–no small business loss- NOL savings account exceeding FDIC-no pension plan-no mutual fund-capital lossAres Capital Corporation [...]

Capital Losses Mutual Funds is a post from: The Capital Gains Blog

Capital Gains On Mutual Funds

admin — Tue, 24 Jun 2008 03:25:58 +0000

Question: How are the fees for a mutual fund paid? Are they removed from your dividends and capital gains?I’m not talking about loads, just the fees that comprise the expense ratio. If i have a fund with 1% fees, will I be billed for these fees directly and then pay by check, or are they taken [...]

Capital Gains On Mutual Funds is a post from: The Capital Gains Blog

Capital Gains Taxes On Mutual Funds

admin — Thu, 16 Feb 2006 12:29:34 +0000

Question: Why did I have to pay mutual fund Capital Gains Tax?The capital gains were $5400. I did not sell any shares during 2007 and my total balance was approx. $1000 less at the end of the year than at the beginning.Answer: When you own a mutual fund, you pay tax each year on [...]

Capital Gains Taxes On Mutual Funds is a post from: The Capital Gains Blog

Calculate Capital Gains Mutual Funds

admin — Wed, 25 Jan 2006 22:04:44 +0000

Question: Sub: Income tax laws India?If I have have an taxable income of Rs 990000 for the FY and my Short terms capital gains (from sale of mutual funds) is Rs. 11000 /- Will have to calculate tax after adding the amount of Rs 11000 /- In other words do I pay surcharge for income over [...]

Calculate Capital Gains Mutual Funds is a post from: The Capital Gains Blog