Sentences with phrase «taxable gains or losses»

While we're on the subject: Something not every investor realizes is that even tax - exempt mutual funds can leave you with taxable gains or losses.

Calculating cost basis The taxable gain or loss when you sell funds is the difference between the amount you receive from the sale and the cost basis of the shares you sold.

A redemption of a Fund's shares by a shareholder will result in the recognition of taxable gain or loss in an amount equal to the difference between the amount realized and the shareholder's tax basis in his or her Fund shares.

Because the fund distributes all of its net investment income to its shareholders, the fund may have to sell fund securities to distribute such imputed income which may occur at a time when the adviser would not have chosen to sell such securities and which may result in taxable gain or loss.

Not exact matches

It's important to keep in mind that a brokerage account is a taxable account, so unlike tax - deferred retirement account like a 401 (k) or IRA, you'll need to square up with the IRS every year based on your gains, losses, and proceeds from dividends or interest.

And if you're trimming a holding rather than dumping the whole thing, sell the shares that had cost the most, to minimize taxable gains or to book a loss that can offset other gains or reduce your taxable income.

Zhou says the company is working on a tax loss harvesting service, which will be a way for users to realize a loss on their (taxable) accounts in order to offset gains in the new fiscal year, but declined to discuss any other paid features in the works or WiseBanyan's financials.

If we were treated as a corporation in any taxable year, either as a result of a failure to meet the Qualifying Income Exception or otherwise, our items of income, gain, loss and deduction would be

Upon a disposition of such shares by the optionee, any difference between the sale price and the optionee's exercise price, to the extent not recognized as taxable income as provided above, is treated as long - term or short - term capital gain or loss, depending on the holding period.

There is a bright side for investors who suffered losses in their taxable accounts: Losses on the sale of a holding can offset other capital gains, or they can shelter ordinary income up to $ 3,000 a year, orlosses in their taxable accounts: Losses on the sale of a holding can offset other capital gains, or they can shelter ordinary income up to $ 3,000 a year, orLosses on the sale of a holding can offset other capital gains, or they can shelter ordinary income up to $ 3,000 a year, or both.

Thus, when you ultimately sell your BCH (or trade it for something else as described above), you calculate your gain / loss based on what you included in taxable income from the fork.

You do not have a taxable capital gain or loss until you sell your inherited shares and have a realized value from which to calculate whether you made a profit.

This $ 10,000 loss will be used to either offset your taxable capital gains or even help you get a fat refund at year's end.

That, in turn, reduces the amount of taxable capital gain (or increases the tax - saving loss) when you sell your shares.

How to calculate capital gains and losses Taxable and non-taxable investment accounts Tax brackets and marginal tax rates Prepare taxes by hand or use software

Even though the interest paid on a municipal bond is tax - exempt, a holder can recognize gain or loss that is subject to federal income tax on the sale of such a bond, just as in the case of a taxable bond.

They issue a Schedule K - 1 to each partner (i.e., investor) to report their share of income, gains, losses, deductions, or of any other taxable event.

Each shareholder of Volatility, Commodity or Currency ProShares ETF is directly responsible for reporting his or her pro rata portion of income, gains, losses, deductions or other taxable events in the ETF for the calendar year.

This may not be the best option if you're concerned about minimizing taxable gains or maximizing tax losses.

The investor sells the original bond at a loss, which can be used to offset the taxable capital gain or up to $ 3,000 in ordinary income.

If in your taxable account, you hold stock in a company acquired by another company in a merger, you need to adjust your cost basis to compute capital gains or losses.

Since my income after taking into account the STCG of Rs. 3000 / - is below the taxable income (after considering the rebate under sec 80C, 80D etc., should I compulsarily adjust the STCG against the c / f STCL in this year or can I adjust the total loss of Rs. 5000 / - against my future year gains.

When a fund manager sells a security at a profit, the gain can come back to you as a taxable distribution, even if you don't sell your fund shares or the fund itself posts a loss.

This redemption may cause some shareholders to realize gains or losses, which could be a taxable event for those shareholders.

Half of the difference between the ultimate sale price and the FMV of the shares at the date the option was exercised will be reported as a taxable capital gain or allowable capital loss.

If you sell shares for a loss, the loss can be used to offset taxable gains or even as a deduction against your other income.

For shares of taxable non-money market accounts you may have sold or exchanged, your holding period, and thus any resulting capital gain or loss, is short - term if you held the shares for one year or less, or long - term, if the shares were held for more than one year.

Wages, salaries, tips, etc.; Taxable interest; Tax - exempt interest; Dividends; Taxable refunds, Credits or Offsets of State and Local Income Taxes; Alimony received; Business Income; Capital gains or losses; Other Gains and Losses; IRA distributions received (with certain Distribution Codes); Pensions and annuities (with determined taxable amounts); Supplemental Income and Loss (Rentals, etc); Farm Income or Loss; Unemployment Compensation; Social Security Benefits; Certain other income, including but not limited to Gambling Winnings and Foreign Taxable interest; Tax - exempt interest; Dividends; Taxable refunds, Credits or Offsets of State and Local Income Taxes; Alimony received; Business Income; Capital gains or losses; Other Gains and Losses; IRA distributions received (with certain Distribution Codes); Pensions and annuities (with determined taxable amounts); Supplemental Income and Loss (Rentals, etc); Farm Income or Loss; Unemployment Compensation; Social Security Benefits; Certain other income, including but not limited to Gambling Winnings and Foreign Taxable refunds, Credits or Offsets of State and Local Income Taxes; Alimony received; Business Income; Capital gains or losses; Other Gains and Losses; IRA distributions received (with certain Distribution Codes); Pensions and annuities (with determined taxable amounts); Supplemental Income and Loss (Rentals, etc); Farm Income or Loss; Unemployment Compensation; Social Security Benefits; Certain other income, including but not limited to Gambling Winnings and Foreign Ingains or losses; Other Gains and Losses; IRA distributions received (with certain Distribution Codes); Pensions and annuities (with determined taxable amounts); Supplemental Income and Loss (Rentals, etc); Farm Income or Loss; Unemployment Compensation; Social Security Benefits; Certain other income, including but not limited to Gambling Winnings and Foreign Ilosses; Other Gains and Losses; IRA distributions received (with certain Distribution Codes); Pensions and annuities (with determined taxable amounts); Supplemental Income and Loss (Rentals, etc); Farm Income or Loss; Unemployment Compensation; Social Security Benefits; Certain other income, including but not limited to Gambling Winnings and Foreign InGains and Losses; IRA distributions received (with certain Distribution Codes); Pensions and annuities (with determined taxable amounts); Supplemental Income and Loss (Rentals, etc); Farm Income or Loss; Unemployment Compensation; Social Security Benefits; Certain other income, including but not limited to Gambling Winnings and Foreign ILosses; IRA distributions received (with certain Distribution Codes); Pensions and annuities (with determined taxable amounts); Supplemental Income and Loss (Rentals, etc); Farm Income or Loss; Unemployment Compensation; Social Security Benefits; Certain other income, including but not limited to Gambling Winnings and Foreign taxable amounts); Supplemental Income and Loss (Rentals, etc); Farm Income or Loss; Unemployment Compensation; Social Security Benefits; Certain other income, including but not limited to Gambling Winnings and Foreign Income.

By monitoring your taxable account and «harvesting» losses as they become available, you can reduce or defer the taxes you pay on capital gains.

Unless your investments are held within a special tax - free account, then every sale transaction is a taxable event, meaning a gain or loss (capital gain / loss or income gain / loss, depending on various circumstances) is calculated at that moment in time.

If the new bonds are bought at a discount and held to maturity, or are sold at a price higher than their cost, a taxable gain will often result, unless also offset by losses.

A sale or exchange of Fund shares is a taxable event, which means that you may have a capital gain to report as income, or a capital loss to report as a deduction, when you complete your federal income tax return.

When you hand - select which shares to sell, you can choose the ones that will minimize your taxable capital gains — or that will reap you the losses you need to offset other gains.

A non-spouse beneficiary is deemed to acquire the TFSA on your date of death, with any subsequent capital gains, losses or income being taxable on that beneficiary's tax return.

and reported taxable capital gains in 2005, 2006 or 2007, you can use the capital loss to reduce the taxable income for the previous year (s).

When you sell your shares, the difference between your adjusted cost basis and final net sale price will be taxable as a capital gain or loss on your tax return.

In these cases a Fund may realize a taxable capital gain or loss.

The appeal of swap - based ETFs is they generate no taxable dividends or interest: all of the price increases will eventually be taxed as capital gains (or losses) when you sell your shares.

Accordingly, they recharacterize $ 13,285 of their $ 50,000 Roth conversion (plus or minus the pro-rata share of any gains / losses from that $ 13,285 conversion), which results in a taxable Roth conversion of $ 50,000 — $ 13,285 = $ 36,715, the exact dollar amount they wanted to convert.

Complete Federal income tax return If Federal Taxable Income is zero, calculate the loss amount by subtracting Form 1040 Line 42 from Line 41 or Form 1040A Line 26 from Line 25 Complete VT Form IN - 111 up to Line 13 Enter interest income from U.S. Obligations Complete Schedule IN - 153 for capital gain exclusion Complete your worksheet to determine the difference between Federal depreciation on equipment where bonus depreciation taken and depreciation on regular MACRS schedule.

Any loss realized upon a taxable disposition of shares held for six months or less will be treated as long - term, rather than short - term, to the extent of any long - term capital gain distributions received (or deemed received) by you with respect to the shares.

In general, a sale of shares results in capital gain or loss, and for individual shareholders, is taxable at a federal rate dependent upon the length of time the shares were held.

A return of capital distribution generally will not be taxable but will reduce the shareholder's cost basis and result in a higher capital gain or lower capital loss when those shares on which the distribution was received are sold.

That means that you will pay capital gains or deduct capital losses on every taxable event.

Of those 100 that had disclosed their taxable sales, only one individual's gain or loss was significant enough to be reported to the IRS according to Credit Karma.