Capital Gains Tax
Do Minors Have To Pay Taxes?
This should come as no surprise to anyone, but the IRS sees little difference between minors and adults when it comes to filing and paying…
Reporting your Child’s Capital Gains and Dividends on Your Taxes: Form 8814
Little Timmy's investments actually paid off? Congrats! Here's how to put your kiddo's income on your joint tax return. Are you the custodial parent of…
2024 Tax Brackets And Deductions: A Complete Guide
With the amount of tools and other forms of assistance available to taxpayers, you’d be surprised at how little you have to be exposed to…
Explain Form 2439: When Undistributed Long-Term Capital Gains Are Good News for Shareholders
Every 1099-DIV means you owe some new taxes. Well, this is the opposite. If you sell an asset you've held for a year or two,…
Qualified Dividends vs. Nonqualified Dividends: How Are They Taxed?
If you're looking for the thrill of the day trader, expect a bit of a tax hangover. Qualified dividends are a specific type of dividend…
Do Capital Gains Count as Income When I’m Doing My Taxes?
Gains, income, gravy train - it's all the same, isn't it? Not to Uncle Sam. Capital gains do count as income for tax purposes. Getting…
Capital Gains Taxes Really Do Apply to Inherited Property: Here’s How and How to Minimize Them
It's sad they passed away, but they left you a house. Selling it may hit you with capital gains, but you can minimize them. What…
So Much to Gain: What Are the Short-Term and Long-Term Capital Gains Tax Rates? Income Thresholds, Tax Brackets and More
High income thresholds mean I earn more without paying as much in capital gains taxes? Score! Oh, wait, that’s just inflation. The capital gains tax…
