The Capital Gains Blog

Posts Tagged ‘stocks’

Question: Capital Gains Tax on Stock proceeds?

What is the percentage of taxes when you make a profit from selling stocks ? Is it a different rate than what your tax bracket is ? My wife and I are in the 33% tax bracket ? How do I avoid capital gains on a stock sale?

Answer: It will be determined by whether it is short-term (held less than one year) or long-term. If long-term the CG tax is maxed at 15%. Short-term you pay at your regular rate (33%).

Hexion Specialty Chemicals Reports Fourth Quarter and Fiscal Year 2009 Results

COLUMBUS, Ohio—-Hexion Specialty Chemicals, Inc., today reported its results for the fourth quarter and year ended December 31, 2009. Results for the fourth quarter of 2009 include: Revenues of $1.09 billion in the fourth quarter of 2009 compared to $1.18 billion during the prior year period as the sales decline reflected the contractual pass through of lower raw material prices, which more …

Question: Does anyone have any experience with tax laws regarding real estate in the state of Illinois?

I have moved between 2 locations within 2 years of purchasing a home at the first location. I am aware that in order to avoid capital gains on the profit of the first home, my workplace has to be >50 miles from the previous workplace in order to qualify for the “safe harbor” modification to the capital gains law. I have done so and have moved into our new home (work 52 miles from original work and home is 50 miles from original home). I am currently in the position where I can improve my employment situation. However, it would require me to take another job at a location 30 miles further, for a total of 82 miles from the initial job. I am in the 21st month of the 24 necessary to avoid capital gains, but I don’t want to pass up this opportunity. Any insight anyone can provide (e.g. website) would be greatly apprecaited. Thank you in advance!
I am not planning on moving my residence. Just my place of employment.

Answer: If you took the exclusion from gain (it has nothing to do with distance moved) within 2 years you cannot take it again. The “safe harbor” rule only applies if you lived in a home for less than 2 years and have not used the exclusion within 2 years and are moving due to a job change. In that situation you can get a pro-rata share of the exclusion.

If you are selling another home and are in month 21 and will not have used the exclusion within 2 years as of the date of it’s sale, you only have 3 months to go. In today’s market, you’ll be lucky to find a buyer and close in less than 3 months anyway but if you want the full exclusion you’ll have to delay for the full 24 months and remain living in the home.

If you’re not selling your residence, what is the question? A change of employment won’t have any affect at all.

Is CEO Brito angling to become an U.S. citizen?

Why would Brito and Dutra, two Brazilian citizens, do such a thing? Perhaps because of a difference in tax laws in Belgium and in the U.S.

Crazy Republican Wants to Cut Capital Gains Tax to Zero!

Riding in stock market may be characterized as jumping in your own pitfall. You do not know what to expect in there and you just desperately jump in for the sake of having an unprecedented decision. But did you know that you have options before advancing in? Stock markets continue to fluctuate swiftly over the years. Investors continue to risk their time, money, and resources consigning in share market or stock trading even if it is highly erratic compared to any other market. There are no tangible formulas and safe method of trading in stock markets. One should know how to analyze, be careful with investment decisions and focus on the long term goals.

Others view trading as a dauntless game. It is a mere gambling and risking of one’s resources to bargain for greater results sooner or later. But rather, it is a matter of having proper strategies that must be considered to reap results in the end. Short-term trading is one of the trading strategies you must likely consider. It is a specific method in which the time duration between entry and exit is planned within a duration of few days to few weeks. Timing is important when entering, exiting and or riding in a certain market trend. It will measure the amount of gains or losses, and the success or failure you will have. Volatility, Volume, and Trend, these are the key factors you must watch out while venturing in short-term trading. Stock markets are going up and down, or stagnant. You must be aware of its changeable nature so that you can plan out your strategy in advance. Determining the volume of buyers and sellers in and for the stocks during a period of time is fundamental. Planning your strategy will depend on the past and future trend of the market. Is it high or low? A buyer’s market or a seller’s one? It is also very important to eliminate emotional biases. Self-control must be possessed in dealing with stock markets so that you can have confidence in the strategy and its operating characteristics. It is essential to have a plan, stick to it and monitor the changes in the stock market every minute.

These factors are detrimental in the loss or gain of your market. Finding Short Term Traders Many individuals and companies offer short term trading methodology that are specially designed to be applied in the trend of stock markets. This market indicators are coded to broader market situations and represented by charts and graphs based on mathematical calculations. A prolific Australian firm named The Chartist offers a short term trading method known as Power Setups. This method have low risk trades including specific buy and sell points on both the ASX and US exchanges. The Power Setups apply technical analysis using pattern recognition to produce swing trading candidates. It identifies new trades each and every day, as well as provide trade management advice for open positions. Professional traders offer valuable insights, straight to the point guidance, and major trading ideas. High volume and professional traders can save time every day and manage the ever developing opportunities of your own stock trading. Visit www.thechartist.com.au and start a reliable short term trading method.

Taking the long-term view

Morningstar Fixed Income Fund Manager of the Year, Bruce Corneil, senior vice-president, fixed income, Beutel, Goodman & Company Ltd. Ten years in the future is a long time to be making predictio…

World Currency; Tea Parties; More Americans fear Great Depression

Question: How much is the tax on Long Term Capital Gain In India?

How much is the tax on Long term capital gain (especially gain from mutual funds)? Is there any way to minimize this tax?

Answer: Long term Capita Gains is Gains arising out of sale of investment held for more than a year.

For equity (shares of listed companies) – No tax on Long Term Capital Gains

For Equity MFs (MFs investing more than 65 % in equity) – No tax on long term capital gains.

For Debt MFs (MFs investing less than 65 % in equity) – There are two options. First – flat 10 % on LT Capital Gains. Second – 20 % with indexation on LT Capital Gains.

Hope the info is useful.

What can investors learn from a dreary decade?

Two bear markets have sent investors reeling but have also taught us some sound long-term strategies.

How To Avoid A Capital Gain

Question: How do I calculate my Capital Gains Tax for the sale of stocks?

I am a full-time college student with no income.
Short Term Gains

Answer: You should receive a 1099-DIV, use Schedule D to calculate.

M&S Sales Rise Disappoints, Stock Slides

Holiday sales rose at Marks & Spencer—Britain’s largest clothing retailer—but less than some analysts had expected, prompting a sharp stock decline on Jan. 6

Marred by Taxes – Capital gains and the currrent stock market crash