Legal way to avoid tax on Stock Gains?

[krishnaaa]

Is there any legal ways to avoid paying taxes on long term stock gains?

[Discotek]

10 minutes ago, krishnaaa said:

Is there any legal ways to avoid paying taxes on long term stock gains?

All stock gains capital gains kada ?

can we invest on real estate ?

india lo aithe ee concept  undi

not sure in USA

Lets wait for others

[Vaaaampire]

Afaik

if you own investment property and loosing money there, you can offset stock gains

[Gorantlamdhav]

1 hour ago, krishnaaa said:

Is there any legal ways to avoid paying taxes on long term stock gains?

roth account or rollover account 

Otherwise longterm tax is 20% flat

any other investment loss in same year will balance gains in same year in gains in stocks 

[FrustratedVuncle]

3 hours ago, krishnaaa said:

Is there any legal ways to avoid paying taxes on long term stock gains?

Nope, unless you have other capital loss in investments like real estate. 

[Funkops]

3 hours ago, krishnaaa said:

Is there any legal ways to avoid paying taxes on long term stock gains?

Legal way to phuk pakkodi pellam. Same question 

[KATHRI]

2 hours ago, Gorantlamdhav said:

roth account or rollover account 

Otherwise longterm tax is 20% flat

any other investment loss in same year will balance gains in same year in gains in stocks 

Meaning if you made 100k on long term holdings you pay 20k flat and get away no matter your gross income tax bracket like 30% in most cases? 

[Gorantlamdhav]

21 minutes ago, KATHRI said:

Meaning if you made 100k on long term holdings you pay 20k flat and get away no matter your gross income tax bracket like 30% in most cases? 

Correct 

if you bought stocks and kept more than 1 year and sell, no matter the amount or your other income salary etc..

on the stock profits you pay flat 20%

[KATHRI]

1 minute ago, Gorantlamdhav said:

Correct 

if you bought stocks and kept more than 1 year and sell, no matter the amount or your other income salary etc..

on the stock profits you pay flat 20%

Capital gains tax rate	Single (taxable income)	Married filing separately (taxable income)	Head of household (taxable income)	Married filing jointly (taxable income)
0%	Up to $47,025	Up to $47,025	Up to $63,000	Up to $94,050
15%	$47,026 to $518,900	$47,026 to $291,850	$63,001 to $551,350	$94,051 to $583,750
20%	Over $518,900	Over $291,850	Over $551,350	Over $583,750

 

fidelity says 0% if up to $94000

https://www.fidelity.com/learning-center/smart-money/capital-gains-tax-rates

[Spartan]

@Gorantlamdhav   @KATHRI  its 15% not 20% for long term capital gains.

[Spartan]

@krishnaaa uncle there is now way you can avoid taxes on stocks.

only you cna lower it, by holding them for long time, or incurr losses on other trades to compensate the gain

[pandemkodi]

Try tax harvesting  but it’s too late now

[Gorantlamdhav]

1 hour ago, KATHRI said:

Capital gains tax rate	Single (taxable income)	Married filing separately (taxable income)	Head of household (taxable income)	Married filing jointly (taxable income)
0%	Up to $47,025	Up to $47,025	Up to $63,000	Up to $94,050
15%	$47,026 to $518,900	$47,026 to $291,850	$63,001 to $551,350	$94,051 to $583,750
20%	Over $518,900	Over $291,850	Over $551,350	Over $583,750

 

fidelity says 0% if up to $94000

https://www.fidelity.com/learning-center/smart-money/capital-gains-tax-rates

ankul 0% manaku nadavadu

your total income salary +stocks gains < 45k vuntaya?