Individual Retirement Accounts, Roth IRAs and Investing
How investments and investment accounts are taxed, and how to you might lower your tax bill by investing in an IRA.
Paying Taxes on Investment Returns
Taxes on investment gains fall into two categories, long and short term capital gains. Knowing the difference can mean a bigger tax bill if you're not careful.
Taxes on investment gains fall into two categories, long and short term capital gains. Knowing the difference can mean a bigger tax bill if you're not careful.
Capital Gains Tax Holding Periods
The total capital gains tax you pay is largely determined by the amount of time you held an investment. Use this resource to discover the effective capital gains rate for your investments.
The total capital gains tax you pay is largely determined by the amount of time you held an investment. Use this resource to discover the effective capital gains rate for your investments.
How To Carry Over Capital Losses To The Next Year
Capital losses can carryover to future tax years to be used to offset future capital gains.
Capital losses can carryover to future tax years to be used to offset future capital gains.
Wash Sale Rule
Investors sometimes try to use fancy footwork to lower their capital gains tax bill. One of the ways the IRS stops this is through the wash sale rule.
Investors sometimes try to use fancy footwork to lower their capital gains tax bill. One of the ways the IRS stops this is through the wash sale rule.
How Bonds are Taxed
Bonds generate income that is taxed, however if you choose wisely you can avoid most of the tax burden and earn a nice return.
Bonds generate income that is taxed, however if you choose wisely you can avoid most of the tax burden and earn a nice return.
IRA and Roth IRA Contribution Limits
The federal government imposes annual contribution limits on your Roth and Traditional IRA accounts. This brief explanation includes a chart of the contribution limits between 2004 and 2008.
The federal government imposes annual contribution limits on your Roth and Traditional IRA accounts. This brief explanation includes a chart of the contribution limits between 2004 and 2008.
When Tax Deferred Accounts Can Hurt You
Socking away all your money into tax deductible retirement accounts may not always be the best thing to do.
Socking away all your money into tax deductible retirement accounts may not always be the best thing to do.
What Taxes Will I Pay on the Sale of My Home?
What taxes will I pay on the sale of my home?
What taxes will I pay on the sale of my home?