Stock discussions

[dalapathi]

21 minutes ago, Spartan said:

NKLA 20% up @dalapathi

Yeah, first truck deliver chesinru ata. 

[gudboy]

crypto pumping start chesinattu unnaru kada malli ? will it end like last year jan-feb?

[FrontMan]

I am trying to find profits and losses of capital gains in Robinhood..I have some stocks with deficit for 4000$ ..should I sell them to loss before 31 st..to save taxes ?

[Vaampire]

4 minutes ago, FrontMan said:

I am trying to find profits and losses of capital gains in Robinhood..I have some stocks with deficit for 4000$ ..should I sell them to loss before 31 st..to save taxes ?

If u think there is no scope of recovery, sell them.

two things u need to know.

1) u can only claim 3k per year in trading losses. Migithavi next yr carry over

2) if u sell a stock and buy it again with in 30 days for more price then it falls under washsale and wont be added in losses while tax filing.

[Vaampire]

54 minutes ago, SUbba LIngam said:

buy the dip inka poyinattena? stocks inka padithe kondama anukunna, ippudu chuste anni perugutunnayi ga.

Honestly no one can predict current market. 

[Vaampire]

31 minutes ago, dalapathi said:

Yeah, first truck deliver chesinru ata. 

Will it touch $30 again in 2 yrs?

[spicyfish]

47 minutes ago, Vaampire said:

If u think there is no scope of recovery, sell them.

two things u need to know.

1) u can only claim 3k per year in trading losses. Migithavi next yr carry over

2) if u sell a stock and buy it again with in 30 days for more price then it falls under washsale and wont be added in losses while tax filing.

Can we sell half of particular  stock we own for a loss and claim that while owb other half for future. Still a valid loss claim scenario?

 

[dalapathi]

1 hour ago, Vaampire said:

Will it touch $30 again in 2 yrs?

Ekkuva follow kaale NKLA ni ee madya. $30 ante approx. $12 Bn market cap. After Q4 earnings next year ki guidance chudali. Enni trucks deliver chestam antaro.

$586 Mn cash vundi ata, but SEC ki $125 Mn fine kattali. So, money raise cheyyalsi vastademo commercial production start cheyyali ante.

 

[dalapathi]

39 minutes ago, spicyfish said:

Can we sell half of particular  stock we own for a loss and claim that while owb other half for future. Still a valid loss claim scenario?

 

Yes. But, 30 days lopu konoddu malli aah ammina stocks.

[FrontMan]

2 hours ago, dalapathi said:

Yes. But, 30 days lopu konoddu malli aah ammina stocks.

Aa stocks janma lo konanu..if I sell them I am at suppose 1000$ loss..so can I sell them and file losses..

 

My tax consultant is saying since these are short term buy loss, they won't come under loss. Your net income matters

[Vaampire]

2 minutes ago, FrontMan said:

Aa stocks janma lo konanu..if I sell them I am at suppose 1000$ loss..so can I sell them and file losses..

 

My tax consultant is saying since these are short term buy loss, they won't come under loss. Your net income matters

U can file the losses.

dont know what ur tax consultant is cooking

[hyperbole]

14 minutes ago, FrontMan said:

Aa stocks janma lo konanu..if I sell them I am at suppose 1000$ loss..so can I sell them and file losses..

 

My tax consultant is saying since these are short term buy loss, they won't come under loss. Your net income matters

Vadi bonda, I don’t engage tax consultants for information risk, first try turbo tax or something, mostly from my experience it is a idiot proof software, it will pull in tax statements from your brokers once you authorize and calculates everything. Even it pulls my mortgage and w2 automatically, I don’t feed information unless it struggles 

You can try once, you don’t have to commit to file the returns via TurboTax, fill in all the information to get the final estimate, then have the your tax consultant do the same, if they both match basically you can ditch your tax consultant from the next time onwards. It is cloud based software and stores your prior 7 year returns and is helpful if you want to carry over your loses ($3k/year max loss)

[FrontMan]

2 hours ago, hyperbole said:

Vadi bonda, I don’t engage tax consultants for information risk, first try turbo tax or something, mostly from my experience it is a idiot proof software, it will pull in tax statements from your brokers once you authorize and calculates everything. Even it pulls my mortgage and w2 automatically, I don’t feed information unless it struggles 

You can try once, you don’t have to commit to file the returns via TurboTax, fill in all the information to get the final estimate, then have the your tax consultant do the same, if they both match basically you can ditch your tax consultant from the next time onwards. It is cloud based software and stores your prior 7 year returns and is helpful if you want to carry over your loses ($3k/year max loss)

Ok so If I sell the stocks for certain loss I can show them in my tax credits..will take this advice and file the losses... Thank you

 

[Spartan]

  VUG fund kondam anukunna last December but marchipoya

oka 100 koni odileyalsindi tax dabbulakaina vachevi

ee year kosam fund vetukutunna @Anta Assamey

[Anta Assamey]

17 minutes ago, Spartan said:

  VUG fund kondam anukunna last December but marchipoya

oka 100 koni odileyalsindi tax dabbulakaina vachevi

ee year kosam fund vetukutunna @Anta Assamey

Aa madya EV kosam okati anukunam.... Marchipoya...