stocks lo last year 60% poyi

[Ravi860]

Just now, argadorn said:

oh cash out cheyakapothay chupincharadha same with stocks kuda na 

yes.. don't have to file unless you sold and cashed out anukunta

[Spartan]

1 minute ago, TensionNahiLeneka said:

ok cool. so appudu last year 3k loss ani chupinchi save chesukunna ,money labhame kada mari. 

taxation always applies to NET....

example RSU concept lo..munde tax kadtam..and if we sell we get money..but we can show that as loss still depending on the cost basis price wrt trading and vesting date..

[shaw183]

Friends..last year I pulled out all the inputs with 70% losses..not investing any more now...so tax emi undadu kadaa katlsindi?

[Spartan]

1 minute ago, argadorn said:

oh cash out cheyakapothay chupincharadha same with stocks kuda na 

unless u cash out any invested stock or currency...dont need to pay tax...

ala ante nenu inka stock ammale..but my portfolio shows net 15K loss ..  

5yrs varaku claim chesko lenu kada

[Spartan]

1 minute ago, shaw183 said:

Friends..last year I pulled out all the inputs with 70% losses..not investing any more now...so tax emi undadu kadaa katlsindi?

all loss no gain aite...

show 3K as loss and it will reduce ur AGI...

[shaw183]

Just now, Spartan said:

all loss no gain aite...

show 3K as loss and it will reduce ur AGI...

Thanks Bro

[Ravi860]

1 minute ago, Spartan said:

all loss no gain aite...

show 3K as loss and it will reduce ur AGI...

so job(w2) related dantlo vache returns lechipothaya loss claim chesthe

[Spartan]

Just now, Ravi860 said:

so job(w2) related dantlo vache returns lechipothaya loss claim chesthe

ardham kale...

[Ravi860]

Just now, Spartan said:

yes,

wonderful.. e thokkalo stocks nunchi dooramga unte manchidi

[Rajugadu]

26 minutes ago, TensionNahiLeneka said:

stocks lo last year 60% poyinayi anuko , tax lo file cheyochu kada.

and then ee year oka 70% profit vachindi anuko, only 10% profit kinda file chestama tax, next year ki. 

 

it might be silly question. kanai please answer me. 

 

It works only when you buy or sell it. Not on your current portfolio I believe @Spartan the MAHARAJA of stocks will answer ur questions

[Ravi860]

Just now, Rajugadu said:

It works only when you buy or sell it. Not on your current portfolio I believe @Spartan the MAHARAJA of stocks will answer ur questions

he answered well already

[Rajugadu]

Just now, Ravi860 said:

he answered well already

Ok ba.. did read the complete thread 

[Ravi860]

2 minutes ago, Spartan said:

ardham kale...

i mean.. job related w2 lo tax returns oka 1000 vasthunnayi anuko.. stocks loss 3k claim cheyadam valla, only 2k ne return vasthaya back?

[Spartan]

Just now, Ravi860 said:

i mean.. job related w2 lo tax returns oka 1000 vasthunnayi anuko.. stocks loss 3k claim cheyadam valla, only 2k ne return vasthaya back?

no returns lo teda undadu...infact ekkuva vache chances untai.

ex: ur W-2 income =100K

ur stock income = -3K anukundam.

tax nuvvu kattedi AGI ki whcih is 100K-3k- (standard deductions) = 97-24 (if married and filing jointly) or 97-12 (if single)

so ur tax bracket becomes 73K or 85k..

73K aite oka rate, 85k aite inko rate taxation untadi...

[Ravi860]

1 minute ago, Spartan said:

no returns lo teda undadu...infact ekkuva vache chances untai.

ex: ur W-2 income =100K

ur stock income = -3K anukundam.

tax nuvvu kattedi AGI ki whcih is 100K-3k- (standard deductions) = 97-24 (if married and filing jointly) or 97-12 (if single)

so ur tax bracket becomes 73K or 85k..

73K aite oka rate, 85k aite inko rate taxation untadi...

thanks bro