*** Tax on stock trade earned money **

[TinguRanga01]

entha tax kattali profit lo...any experienced traders please throw some info.

[Aryaa]

Depends on how much u earn in year

 

Let's say

nee salary 80K

stock lo inko 40K sampaichav

 

you will be under 120K tax breavket

Ledu job ledu just 40K stock gains  in year  

 

mee tax bracket 40K tax bracket 

 

 

 

 

 

 

 

 

 

[LordOfMud]

stock comes under capital investment......so max tax bracket......first take some lessons on how to invest in stocks......if not u burn u r .....

[pavone]

Short term gains (less than 1 yr) are treated just an regular income so job income + short term gains kalipina total a tax bracket lo vosthe aa tax pay chestav.. long term ki thakkuva taxes untayi like 10% something

[Gowtham7777]

< 1 year 30%

>1 year < 5 years 15%

>5 years 7%

 

above may change based on ur status like(married/single)

 

my question is: if u buy 2 stocks, 1 stock profit  $1500, 2nd stock loss $2000. when u sell both the stocks after 1 yr same day. 

will the broker take off 15% of 1st stock?