Stock discussions

[Vaaaampire]

Tqqq meta amzn. One of the best days for me

[Vaaaampire]

Goog pe ratio : 25

apple: 30

meta :40

msft: 37

@Spartan choosava idi? Google & apple are definitely undervalued because lack of vision/guidance.

[nvssr]

@Konebhar6 Bro - E Annuties enti? 401k account ni or IRA accounts ni move chekovachu akkuva returns antunnaru anyone any idea?

[Spartan]

9 minutes ago, Vaaaampire said:

Goog pe ratio : 25

apple: 30

meta :40

msft: 37

@Spartan choosava idi? Google & apple are definitely undervalued because lack of vision/guidance.

 

agreed, Google odu not able to find right leaders..who can use their resources. @Vaaaampire

[Spartan]

Bezos to sell 9Billion$ worth of stock this year..

anduke Florida move ayyadu....

avoid capital gains tax.

[dalapathi]

54 minutes ago, Spartan said:

Bezos to sell 9Billion$ worth of stock this year..

anduke Florida move ayyadu....

avoid capital gains tax.

Capital gains tax kattali kada FL lo kuda? 

[Spartan]

5 minutes ago, dalapathi said:

Capital gains tax kattali kada FL lo kuda? 

Florida state tax undadu kada..capital gains meeda...

@dalapathi

[Spartan]

ma calif lo aite daridram...

Federal odu Capital gains ni kaneesam... Long Term and Short Term ga consider chestadu..

CA lo all gains equal tax rate irrespective of LT or ST...

a gola Florida, Texas etcc states lo ledu

[dalapathi]

9 minutes ago, Spartan said:

Florida state tax undadu kada..capital gains meeda...

@dalapathi

Yeah, federal capital gains tax kuda ledu antunnavemo anukunna😬

[Spartan]

Just now, dalapathi said:

Yeah, federal capital gains tax kuda ledu antunnavemo anukunna😬

Bezos gadu amme 9B$ stock lo..

Long Term...tax 15% kadtadu on lets say 8B$ gain..... = 1.4B$ kadite chalu..

Calif or Washington Seattle lanti states lo...  inko Billion ekkuva potadi..

adi save cheyanike moved to Florida. @dalapathi

same with Musk who moved to Texas to avoid tax on 2B$ stock vest

[meranaam]

@Spartan baa question about tax loss harvesting

 

lets say 2023 lo 20k stock loss with no profit.......2024 lo 30k stock profit...with no loss

for 2023 tax filling we can only deduct 3k loss from total income

for 2024 tax filling, which of the below is true?

1. 30k profit from 2024 - remaining 17k loss from 2023 = pay tax on 13k profit

2. 30k profit from 2024 - 3k yearly loss carry forward from 2023 (still 14k loss left to carry forward for future years) = pay tax on 27k profit

[Spartan]

13 minutes ago, meranaam said:

@Spartan baa question about tax loss harvesting

 

lets say 2023 lo 20k stock loss with no profit.......2024 lo 30k stock profit...with no loss

for 2023 tax filling we can only deduct 3k loss from total income

for 2024 tax filling, which of the below is true?

1. 30k profit from 2024 - remaining 17k loss from 2023 = pay tax on 13k profit

2. 30k profit from 2024 - 3k yearly loss carry forward from 2023 (still 14k loss left to carry forward for future years) = pay tax on 27k profit

no. its always net profit or net loss chustaru. 

let me post some example after sometime

[Spartan]

@meranaam  ne example lo.

2023 lo if total is net loss of 20K, then you can use that in two ways.

1 - for 2023 tax year lower your taxable income all together by 20K, by using entire capital loss.

2 - capital loss carryover....nuvvu cheppinattu...3K every year reduce cheskuntu vellochu until you exhaust your 20K.

 

nenu usual ga same tax year lo use cheskunta loss, instead of doing tax loss harvesting. ado tala noppi untadi.. every year tax time lo...gurtu lekapote assame.

instead some people do capital loss harvesting by selling stocks for loss in december.

[meranaam]

23 minutes ago, Spartan said:

@meranaam  ne example lo.

2023 lo if total is net loss of 20K, then you can use that in two ways.

1 - for 2023 tax year lower your taxable income all together by 20K, by using entire capital loss.

2 - capital loss carryover....nuvvu cheppinattu...3K every year reduce cheskuntu vellochu until you exhaust your 20K.

 

nenu usual ga same tax year lo use cheskunta loss, instead of doing tax loss harvesting. ado tala noppi untadi.. every year tax time lo...gurtu lekapote assame.

instead some people do capital loss harvesting by selling stocks for loss in december.

In my above example case lo....2024 tax return appudu....i cannot harvest the entire remaining 2023 loss in 2024 (i.e. 30k profit from 2024 - 17k loss from 2023)?

 

 

Also in you point-1 what does this mean?  

"lower your taxable income all together by 20K, by using entire capital loss"

[Vaaaampire]

1 minute ago, meranaam said:

In my above example case lo....2024 tax return appudu....i cannot harvest the entire remaining 2023 loss in 2024 (i.e. 30k profit from 2024 - 17k loss from 2023)?

First scenario adey kada cheppindi @Spartan