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Cylonesubbarao
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Username: Cylonesubbarao

Post Number: 15669
Registered: 02-2008
Posted From: 67.84.204.22

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Posted on Friday, January 22, 2010 - 11:20 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Jalsa:

last year oka stock koni ammesaa..but, i put it back in another stock...mari etta ettaali idhi


You must be concerned about the stock that is sold in the calendar year.... not about what you have bought and still holding.
You must be the change you wish to see in the world - Mahatma Gandhi
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Jalsa
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Username: Jalsa

Post Number: 9709
Registered: 02-2008
Posted From: 159.53.78.142

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Posted on Friday, January 22, 2010 - 11:17 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

//The IRS makes it pretty easy for you to give them money. When you fill out your tax form, you'll see a Schedule D for 'Capital Gains and Losses' The form asks you to list stocks you sold, how long you held them and how much you gained or lost. You group your gains and losses based on short-term investments, held one year or less, and long-term, for those held more than a year. //

tamud, last year oka stock koni ammesaa..but, i put it back in another stock...mari etta ettaali idhi
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Cylonesubbarao
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Username: Cylonesubbarao

Post Number: 15668
Registered: 02-2008
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Posted on Friday, January 22, 2010 - 11:16 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Chiru786:

How do we show the stocks profit or loss in the year end tax returns?


The IRS makes it pretty easy for you to give them money. When you fill out your tax form, you'll see a Schedule D for 'Capital Gains and Losses' The form asks you to list stocks you sold, how long you held them and how much you gained or lost. You group your gains and losses based on short-term investments, held one year or less, and long-term, for those held more than a year.

Nee brokerage firm will send you a summary for the entire year. Hope this helps....
You must be the change you wish to see in the world - Mahatma Gandhi
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Jalsa
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Username: Jalsa

Post Number: 9698
Registered: 02-2008
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Posted on Friday, January 22, 2010 - 11:02 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

nee broker nunchi edho form vasthadhi kadhaa...adhi aa tax form lo oka number tho untadhi, akkada enter cheseyi

naku 10 dollars profit ata...ninnaney vachindhi statement :D
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Rebel
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Username: Rebel

Post Number: 6461
Registered: 02-2008
Posted From: 151.151.73.163

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Posted on Friday, January 22, 2010 - 11:02 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

say if u are in 25% tax bracket
Stocks loss aithe u can claim upto 3K per year..so 1000$ loss will save u 250$
Stocka profit aithe they will be taxed at 25% if u sell them before 1 yr...15% after 1 yr
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Chiru786
Junior Artist
Username: Chiru786

Post Number: 817
Registered: 07-2008
Posted From: 64.22.207.2

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Posted on Friday, January 22, 2010 - 10:57 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

BUMP for every one
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Chiru786
Junior Artist
Username: Chiru786

Post Number: 816
Registered: 07-2008
Posted From: 64.22.207.2

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Posted on Friday, January 22, 2010 - 10:50 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

How do we show the stocks profit or loss in the year end tax returns?
If we get profit, how much it wud affect the returns?
if in losses, how much it wud help us to recover back some of losses??

any Ideas??

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