Stock gains mida tax

[JAMBALHOT_RAJA]

Stocks ammite vache profit mida taxes untay kada, adi avoid cheyataniki miru em chestaru? Is there a way to avoid paying taxes on stock gains ?

[JAMBALHOT_RAJA]

@Spartanthrow some light re 

[AndhraneedSCS]

If you are having losses in other positions, may be consider selling and buying them again to compensate for losses. 

 

If not, the other option is simply to pay the tax. 

[JAMBALHOT_RAJA]

2 minutes ago, AndhraneedSCS said:

If you are having losses in other positions, may be consider selling and buying them again to compensate for losses. 

 

If not, the other option is simply to pay the tax. 

Ardam kala konchem detail ga cheptava

[AndhraneedSCS]

3 minutes ago, JAMBALHOT_RAJA said:

Ardam kala konchem detail ga cheptava

Nuvvu losses lo unnava edaina stock lo currently?

[JAMBALHOT_RAJA]

6 minutes ago, AndhraneedSCS said:

Nuvvu losses lo unnava edaina stock lo currently?

Yes but not a big amount 

[raaajaaa]

9 minutes ago, AndhraneedSCS said:

Nuvvu losses lo unnava edaina stock lo currently?

Yes bro ikada antha loss he 10k tax lo entha save avtayi

[AndhraneedSCS]

12 minutes ago, JAMBALHOT_RAJA said:

Yes but not a big amount 

you can sell those for a loss (and buy it again if you feel they will go up). 

 

 

[AndhraneedSCS]

11 minutes ago, raaajaaa said:

Yes bro ikada antha loss he 10k tax lo entha save avtayi

Depends on the holding period (short term/long term) , your state and personal situation (tax bracket).

You can only take 3,000 loss per year. you can rollover any additional losses for next year.

 

[Spartan]

@JAMBALHOT_RAJA  emaina stocks loss lo unte ammi offset chesko..

that is the only option. u cannot escape.

nuvvu file cheyakapoina, ur brokerage will report that, akkada dorikipotav

[kevinUsa]

24 minutes ago, Spartan said:

@JAMBALHOT_RAJA  emaina stocks loss lo unte ammi offset chesko..

that is the only option. u cannot escape.

nuvvu file cheyakapoina, ur brokerage will report that, akkada dorikipotav

country lo lekunte 

[Vaampire]

@JAMBALHOT_RAJA trick telisaka naaku kooda cheppu. Workout avuthey 1k istha

[Peter123]

thats illegal, 

you have to give your year end stock reports from your brokerage to your accountant, he will take it up from there.

There is No escape here..

[k2s]

5 hours ago, JAMBALHOT_RAJA said:

Stocks ammite vache profit mida taxes untay kada, adi avoid cheyataniki miru em chestaru? Is there a way to avoid paying taxes on stock gains ?

 

4 hours ago, Spartan said:

@JAMBALHOT_RAJA  emaina stocks loss lo unte ammi offset chesko..

that is the only option. u cannot escape.

nuvvu file cheyakapoina, ur brokerage will report that, akkada dorikipotav

Capital gains taxes 

- shortterm gains -  less than 12 months sell chesthey - ordinary income tax which is whatever your income bracket is (18% to 37%)

- long term gains- after 12 months sell chesthey around ~15% tax 

To avoid antey stocks Ala long term hold chesi donate to charity- which can be write off in tax filing.