This hypothetical illustration assumes the investor met the holding requirement
for long -
term capital gains
tax rates (longer than one year), the gains were
taxed at the current maximum federal rate of 23.8 %, and the
loss was not disallowed
for tax purposes due to a wash sale, related party sale, or other reason.
Other free tools include a profit - and -
loss calculator, a probability calculator (that uses implied volatility to determine your likelihood of hitting your targets) and the Maxit
Tax Manager, which identifies tax implications of trading decisions (e.g., as short - and long - term gains and losses, wash sales) for planning purposes and generates on - demand 1099 for
Tax Manager, which identifies
tax implications of trading decisions (e.g., as short - and long - term gains and losses, wash sales) for planning purposes and generates on - demand 1099 for
tax implications of trading decisions (e.g., as short - and long -
term gains and
losses, wash sales)
for planning
purposes and generates on - demand 1099 forms.
A
tax term which refers to the value of property
for the
purposes of determining whether or not a profit or
loss has been realized upon sale or transfer.