Sentences with phrase «big tax bill»

In other words, even if your funds don't make big taxable distributions, you can end up with big tax bills if you're too quick to sell your funds.

Otherwise, you could be facing bigger tax bills in the near future.

Be prepared for bigger tax bills in favorable real estate markets.

To head off big tax bills later, you might generate enough taxable income now to get to the top of the 12 % tax bracket.

Depending on how much your home is underwater, you could be looking at a very big tax bill.

Adding to the dangers of big tax bills, experts also remind students that income - driven repayment plans have their own taxes to deal with after a balance is forgiven.

Mutual fund investors can get hit with big tax bills, whether or not their funds increase in value.

Adding to the dangers of big tax bills, experts also remind students that income - driven repayment plans have their own taxes to deal with after a balance is forgiven.

That makes Harry's tax basis $ 10 per share and means he'll have a much bigger tax bill when he sells than either of his brother.

In other words, whether the users claimed their coins or not, they could end up with nothing and big tax bills on their initial property «gains.»

This law helped surviving spouses avoid depleting their finances to pay big tax bills, which put additional financial pressure on other remaining heirs.

As residents in high - tax states brace for bigger tax bills under the recently passed federal tax overhaul, a New Jersey congressman is pushing local governments to adopt a strategy that could save homeowners thousands of dollars.

FAIR LAWN, N.J. — As residents in high - tax states brace for bigger tax bills under the recently passed federal tax overhaul, a New Jersey congressman is pushing local governments to adopt a strategy that could save homeowners thousands of dollars.

The bottom line is, it often makes more sense to withdraw some RRSP money before exhausting your non-registered accounts, even if you take a small hit, because it can help you avoid a much bigger tax bill later.

The timeline for any kind of very big tax bill looks incredibly ambitious and difficult to navigate, Politico's Ben White says.

Thus they were left with big tax bills but enjoyed no profit.

So yes if you pull 400,000 from a 401K or IRA and it is taxable, then that year you will have a very big tax bill.

If the difference is forgiven, the IRS will send a much bigger tax bill.

Many conglomerates have been holding onto non-core assets because they didn't want to generate a big tax bill on the sale.

Many conglomerates have maintained divisions because selling them would generate a big tax bill.

Yum appeared to be intent on selling a 19.9 percent stake to avoid a big tax bill, the Journal said.

Even if investors trade frequently, they aren't as likely to get hit with a big tax bill as they would for actively managed offerings.

But if you do, you'll obviously have a lot more money — and a big tax bill.

Meghan Markle will likely face a bigger tax bill after she marries Prince Harry, regardless of whether or not she keeps her U.S. citizenship.»

Meghan Markle will face a big tax bill after she marries Prince Harry, whether or not she keeps her U.S. citizenship.

«If you don't pay enough, you'll owe a big tax bill next year,» he says.

«Biggest Tax Bill and Tax Cuts in history just passed in the Senate,» Trump tweeted.

When Meghan Markle marries Prince Harry on May 19, she will probably be saying «I do» to a bigger tax bill.

Buffett, meanwhile, avoids a big tax bill that Omaha, Nebraska - based Berkshire might have incurred if it sold its P&G shares.

On the other hand, the 27 percent of taxpayers not receiving a refund may be getting the opposite — a big tax bill.

Not only could you end up paying far more for your loans in interest, there's also the possibility that you'll get hit with a big tax bill once your repayment period ends.

David Swensen, the famous Ivy League portfolio manager who runs Yale University's multi-billion dollar fund, suggests you may be best leaving your allocations to drift, if the alternative is paying a big tax bill.

If you do, you run the risk of underpaying your taxes all year and being slammed with a big tax bill in April.

Keep in mind though, if you claim too many allowances and you underpay your taxes all year, you might be looking at a bigger tax bill come April.

If they deem that you're too materially involved with the project, you'll see a bigger tax bill.

This can really come in handy if you normally get hit with a big tax bill.

And because you've prepaid the taxes on the Roth IRA, your beneficiaries won't be hit with a big tax bill when they receive income from the account.

If you expect to be a in a higher tax bracket when you retire, having a Traditional IRA could mean a bigger tax bill.

Because managed funds charge higher expenses than passive, computer - guided index funds (and trade their stocks more rapidly, churning up a bigger tax bill), it's tough for the active managers to beat those boring but beautiful indexers.

This could be his motivation as he still has a big tax bill to pay in spain and he could possibly do with the lump sum.

Businesses are worried that they will end up with bigger tax bills, making them even less competitive against India and China.

Many of them may find themselves with a bigger tax bill next year.

«Biggest Tax Bill and Tax Cuts in history just passed in the Senate,» he wrote on Twitter.

And because you've prepaid the taxes on the Roth IRA, your beneficiaries won't be hit with a big tax bill when they receive income from the account.

One exception: If selling assets in taxable accounts would trigger a big tax bill, you may want to move at a more measured pace.

Yet, as noted above, lower minimums for withdrawal rates come «with the danger that more capital is left in RRIFs so that when the holder passes away, their estate will have a big tax bill,» notes Doug Carroll, vice president of tax and estate planning at Invesco Canada.

In situations where those older shares had a much lower cost basis, you would've been on the hook for a bigger tax bill.

Not only will your IRA withdrawals no longer be taxable, but also you'll shrink the size of your taxable account, so that account no longer generates as big a tax bill.