Sentences with phrase «applied against gains»

Not exact matches

Adding insult to injury, the puny effective tax saving to those tax - filers from the capital gains partial inclusion (worth $ 7.50 in federal taxes at the 15 % marginal rate) was only half the effective savings pocketed by the top 1 % tax - filers (realized at a 29 % rate) on EACH $ 100 of their capital gains partial inclusion (which was then applied against a capital gains flow that was 600 times larger).

It seems to be true that in this respect an abuse against which Luther fought still exists, since many Catholics seem still to believe that when they gain a plenary indulgence it can be applied at will so as to obtain the automatic release of a soul from purgatory.

Having said that, if your baby is premature or feeding well and just not gaining weight, this may not apply, especially because of the defense against SIDS that pacifiers offer.

The Chinese government has banned the controversial application of electroconvulsive therapy for so - called Internet addiction after a clinic gained notoriety for applying electric shocks to unanesthetized teenagers being treated against their will (Science, 26 June, p. 1630).

In such a case, capital losses are first applied against capital gains of the same type to reduce such gains.

Outside RRSPs or TFSAs, such an action might generate capital gains taxes or — depending when it was bought — some capital losses that could be applied against previously booked or future capital gains.

Capital losses can only be applied against capital gains.

And to the extent you can combine rebalancing with any tax - related moves, such as selling off shares of poor performers to generate realized capital losses that can be applied against realized capital gains or even ordinary income, so much the better.

To the extent there are any tax deductions, those deductions are applied to the ordinary income first, and only apply against long - term capital gains directly once ordinary income has been reduced to zero.

If you're sitting on unrealized capital losses in investments in taxable accounts, you may want to consider selling shares before the end of the year to realize the loss and apply it against realized capital gains in other investments (including mutual funds, which are expected to make sizable distributions this year).

And notably, because deductions are applied against ordinary income first and capital gains second, someone with high total income due to capital gains could still be eligible for low tax rates on a partial Roth conversion (although this can still phase out the benefits of 0 % long - term capital gains tax rates), and / or have their deductions apply favorably to shelter further partial Roth conversions.