Act now to sell losing stocks, offset gains and work around the ‘wash-sale’ rule
Less than two weeks remain to tax-loss harvest your losing stocks, and it’s not as easy as it may look. The easy part of ...
The IRS is about to lose $20 billion in funding unless 1 thing happens soon — here’s what needs to be done and why that’s a problem for all Americans
When the IRS starts asking for money, many Americans get nervous. This time, though, the Internal Revenue Service isn’t ...
Money Digest on MSN9d
Get A Bigger Tax Refund With A Stock-Selling Trick You Might Not Know About
Follow this practice employed by savvy investors to lower the tax burden on sold stocks over the course of a single calendar ...
'Everyone wins except the IRS' with this legal charitable donation strategy, advisor says
If you're donating money on Giving Tuesday, you may score a bigger tax break by gifting profitable investments. Here's what ...
If I Sell My Stock In Palantir, Do I Have To Pay Capital Gains Taxes?' – Suze Orman Says The Real Question Is 'Should You Sell?'
When a listener wrote to Suze Orman on the Women & Money podcast, her question wasn't just about capital gains taxes – it was ...
How to Navigate the IRS Wash Sale Rule, With Examples
However, if you can carefully plan your trades, it is possible to effectively navigate the IRS wash sale rule and still achieve desired tax efficiency. Here's a look at the wash s ...
How Selling a Losing Stock Position Can Lower Your Tax Bill
Unloading an underperforming stock can help keep your investment returns growing while trimming your tax bill. Here's how ...
Investopedia6d
The Purpose of IRS Form 8949
Yes, all stock transactions must be reported to the IRS, whether they result in a gain or a loss. Even if you lose money on a stock sale, you must still file Form 8949. The IRS requires that you ...
Stuart Varney: Democrats want a piece of your stock market action
FOX Business Stuart Varney discussed the Democrats' wealth tax plans designed to take stock profits from American investors — ...