Sentences with phrase «gains for tax»

@Mazin El - Achkar Good point about them using the ones they sell off at a loss to offset gains for tax purposes.

Besides, they would be treated as long - term capital gains for tax purposes.»

This is how calculations are done all the time to determine capital gains for tax purposes - no difference in any values - just simple calculations that will always give the same results.

Its automated trading analysis tools even go so far as to take advantage of investment losses to offset gains for a tax savings known as «tax loss harvesting.»

It is often attributed to the turn of the tax calendar; investors sell off stocks at year's end to cash in gains and sell losing stocks to offset their gains for tax purposes.

HEX avoids this by classifying its call writing income as capital gains for tax purposes.

The way I see it, after deductions we both retain less but approximately $ 10,000 of my take home will be given to her as a loss for me but a gain for her tax - free.

She might lose money on the new purchase, but still be required to report a gain for tax purposes when she backs out of it.

In the event that Sheila surrenders the policy, her total gain for tax purposes will be $ 45,000, which is the difference between the $ 105,000 cash value and her $ 60,000 cost basis.

Not exact matches

Let that money sit for a while, and you'll most likely pay no more than 15 % in taxes on its growth, as the long - term capital gains tax for most people is far lower than taxes on regular income.

Increase capital gains taxes for the wealthiest Americans.

We can now add a third one: botching the promotion of a tax reform for political gains.

Adjusted shareholders» equity is shareholders» equity excluding net unrealized investment gains (losses), net of tax, included in shareholders» equity, net realized investment gains (losses), net of tax, for the period presented, the effect of a change in tax laws and tax rates at enactment (excluding the portion related to net unrealized investment gains (losses)-RRB-, preferred stock and discontinued operations.

As an example, a cap of $ 500,000 in tax - free capital gains on any principal residence means that a home sold for $ 1 million that was purchased for $ 100,000 in 1985 say, would have $ 400,000 taxed at the owner's tax rate at the time of the sale (about 35 % for the average middle class Canadian).

The plan would collapse the seven current individual tax brackets into just three, and would lower the capital - gains rate for all investments, regardless of duration.

WASHINGTON, Oct 9 - A top Senate Democrat on Tuesday called for scrapping a venerated U. S. tax r eform model in re marks t hat hardened his party's negotiating position ah ead of talks set to gain momentum soon on the so - called «fiscal cliff».

Keith Parker, a strategist at UBS who has a 3,300 target on the S&P 500 for 2018, said only 35 - to - 45 percent of the tax plan is priced into the market, noting the index's recent gains have been mostly a product of better - than - expected economic data and strong earnings.

And while part of those gains are «likely tax - related, past instances in which a tax cut was passed highlight the potential for further gains once the bill gets signed.»

Some tax credit programs treat these savings as a capital gain for federal income taxes, so make certain to discuss any tax ramifications with a certified public accountant before investing in one of these credits.

Daniel Bliss, an Illinois Senator who is running for governor, has introduced a bill that would tax investment gains and close the carried interest loophole.

But she also stresses creating the environment for long - term economic growth, which is why a significant increase to the capital - gains tax for investments less than six years in duration is at the center of her plan.

But for many investors, any income gains could be muted by a high tax bill unless they take steps now to minimize their taxes.

«Past instances in which a tax cut was passed highlight the potential for further gains once the bill gets signed,» according to the strategist.

Billionaire investor Stephen Jarislowsky, whose firm manages $ 35 billion in assets, wrote an op - ed for the Financial Post that says higher taxes on capital gains would, «hammer another nail in the coffin for Canadian investments, particularly at a time when our economic outlook is already relatively weak.»

Such contacts might also make it easier for the company to obtain financing for expansion, find promising new locations, or gain favorable treatment in terms of taxes, ordinances, or utilities.

More importantly, though, dividends and capital gains tend to go up and down with the economy, which has translated in wild tax revenue swings for states that rely heavily on personal income taxes.

The average homeowner receives $ 1,823 a year through programs such as tax - free capital gains on the sale of principal residences and the Home Buyers Plan that lets first - time buyers withdraw money from their RRSPs for downpayment.

«If I harvest $ 10,000 in losses every year and I do that for a decade, I created another $ 100,000 in capital gains that will be subject to tax because I've systematically lowered my cost basis by the same amount,» Kitces said.

Using bitcoin or other virtual currency to purchase goods and services is considered exchanging property, and all the transactions must be tracked for gains and losses, said Bryan Skarlatos, a tax attorney at Kostelanetz & Fink LLP who has lectured and written about bitcoin.

But now there are four capital gains rates in effect: 0 percent for those in the lowest two brackets, 15 percent for middle - income taxpayers, 18.8 percent for those in the 15 percent bracket who also owe the 3.8 percent Medicare tax, and 23.8 percent for high - income earners who pay the 20 percent capital gains rate plus the 3.8 percent Medicare tax.

Year - end is traditionally time to undertake tax - loss harvesting to offset investment gains, a good idea for any investor, say advisors.

Even better — provided the investment is held for three years — any capital gains are exempt from tax.

He would increase capital gains taxes and close loopholes for the rich.

For the inflation rate, coupled with individual tax rates, will be the ultimate determinant as to whether our internal operating performance produces successful investment results — i.e., a reasonable gain in purchasing power from funds committed — for you as shareholdeFor the inflation rate, coupled with individual tax rates, will be the ultimate determinant as to whether our internal operating performance produces successful investment results — i.e., a reasonable gain in purchasing power from funds committed — for you as shareholdefor you as shareholders.

As a U.S. citizen, you would be on the hook for capital gains taxes on the sale of that property.

He thinks the adverse tax treatment of variable annuities — the gains in all distributions from the contracts are taxed as ordinary income — makes them a bad idea for savers.

WASHINGTON — Because of substantial wage growth, bonuses, and other positive economic factors, the Republican tax law is gaining in popularity with the American public after initially negative reviews, which is becoming a problem for Democrats looking to run on a cohesive economic message in 2018.

If you held them for nine months of the year, and decided that the gains were so huge you would hang on to them for another couple of months and clear up your tax bill, the gains would have been crushed.

DoubleLine Capital CEO Jeffrey Gundlach believes interest rates are set for further gains ahead of Fed tightening and GOP tax cuts.

Should you cash out on your red hot stock and pay short - term capital gains tax, or take a chance and wait out the year to be eligible for long - term capital gains tax?

It could be a difference of an ordinary income tax rate, which can be as much as 39.6 percent, or a long - term capital gains rate, 15 percent for most people.

Petronas acknowledged the B.C. government has «brought resolution to key policy matters,» such as establishing a tax regime for LNG firms, detailing offsets for greenhouse gas emissions and gaining support from First Nations.

If you trade in a car in exchange for a lower lease price on a new car, the transaction won't be a tax - free like - kind swap, so any realized gain or loss will be recognized under the rules that apply to a sale.

When Atlantic Canada's biggest lumber company, J.D. Irving Ltd., was assessed a duty of only 3 per cent, the Chronicle Herald described the sanction as an «opportunity» for the company to gain market share at the expense of its more heavily taxed Canadian rivals.

Dec 1 (Reuters)- U.S. stock futures pointed to a reversal of some of this week's gains for Wall Street on Friday as a delay in voting on a Republican tax overhaul kept investors on edge about its passage.

Clinton's husband presided over a bipartisan tax cut in 1997 that lowered the marginal rate for the middle class, and raised the capital gains tax.

He wants to make it harder for firms to turn what's really income into lower - taxed capital gains.

Dec 1 - U.S. stock futures pointed to a reversal of some of this week's gains for Wall Street on Friday as a delay in voting on a Republican tax overhaul kept investors on edge about its passage.

Fewer than 100 of 250,000 federal tax returns prepared and filed so far this year through the company have filed a Form 8949 for cryptocurrency gains and losses, Credit Karma said Tuesday.

The so - called Section 1042 rollover, for instance, allows C corps to defer all capital gains taxes so long as they sell at least 30 % of the company's shares to an ESOP.