Stocks- Capital gain tax help

[divvu]

 turbotax lo file chestunte 27K due ani chuspistundi stocks profits valla... 

any suggestions on how to reduce? Edina desi valla daggara ki vella la? Or do we need to surely pay that much tax? 
koncham info cheppandi friends. 
 

thanks

[Manikyam]

100k profits ki aa matram pay cheyale

[ahimsavaadhi1]

Bro, Did you sell the stocks with in a year ? 
 

[Spartan]

capital gains enta

[siru]

1 hour ago, divvu said:

 turbotax lo file chestunte 27K due ani chuspistundi stocks profits valla... 

any suggestions on how to reduce? Edina desi valla daggara ki vella la? Or do we need to surely pay that much tax? 
koncham info cheppandi friends. 
 

thanks

what was your gains? adi chepakunda advice elaga

[jua_java]

3 hours ago, divvu said:

 turbotax lo file chestunte 27K due ani chuspistundi stocks profits valla... 

any suggestions on how to reduce? Edina desi valla daggara ki vella la? Or do we need to surely pay that much tax? 
koncham info cheppandi friends. 
 

thanks

Odiyamma 27k tax ante 100k profit ha ?

[divvu]

8 hours ago, Spartan said:

capital gains enta

167K gains .... but suggestion pls if yu know.

edina desi cpa daggariki velthe solution istada or proceed with turbotax aaa

[divvu]

8 hours ago, ahimsavaadhi1 said:

Bro, Did you sell the stocks with in a year ? 
 

Ha bhayya... swing trades .... closed with in that year

[AndhraneedSCS]

167K profits ki just 27K kattala?

 

Cheap.. very cheap 

 

[ahimsavaadhi1]

2 hours ago, divvu said:

Ha bhayya... swing trades .... closed with in that year

Bro if you have not contributed to IRA, you can add 5k and that 5k will be deducted in total income not the tax.

You can certainly talk to CPA and see if he can reduce the tax. 
 

You need to find a good CPA who can answer tax audit questions when IRA flags.