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You do not have to put any investment earnings in any stock until you have actually taken position of those earnings. Stock can have a value of $! when you purchased it. It may gain in value due to the increase in the stock price, but you do not pay any taxes until you actually take possession, or sell the stock! You would have to pay a tax on the increase in a value of stock(s), if you give them to another person. This is called "Gift tax". Or might even get a deduction on taxes if you give the stock to a qualified Charity (501c3 corporporation). And of course you must pay, or your Heirs, must pay upon your death. There are stated stipulated amount exclusions on the "Gift" and "Death" tax, but they still must be reported on the proper IRS TAX FORM!

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Q: Do you have to put stock investment earnings on your taxes?
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Continue Learning about Accounting

How do you calculate gross equity?

Owner's Equity = Contributed Capital ± Retained Earnings Contributed capital is money that has been contributed to a company by its owners or by a direct investment made by stockholders in a corporation. A company would have stockholders if that company sells shares or stock. Retained earnings is a companys' accumulated profits that have been put back or reinvested into the company. Some examples of retained earnings are supplies expense, rent expense, wages expense, interest expense, utilities expense, sales revenue, cost of goods sold, and depreciation expense. A return on equity (ROE) is the net income divided by stockholders' equity. Assets = Liabilities + Owners Equity


What are differed taxes?

I think you mean "deferred taxes." These are taxes that do not have to be paid immediately but can be put off to a future time.


What should a post-closing trial balance contain?

Post closing trial balance contains all accounts that have not been closed (i.e assets, liabilities and owners equity accounts) The PCTB does not contain Net Income or even Gross Income, but instead contains "Retained Earnings" Retained earnings is what the company clears after all expenses and stock dividends (if any) have been paid. Or put simply, all general ledger accounts that are not "closed". GAAP formula for figuring the different types of Revenue are: Gross Revenue (income) - Expenses = Net Revenue (income) Net Revenue (income) - Dividends paid on Stock (if applicable) = Retained Earnings


Do you pay taxes on 401k?

Generally, your contributions aren't taxed (put in before taxes), and your withdrawals are taxed.


How do you take taxes out of tip money?

You will need to deduct your own taxes from cash tips. You can do this by picking a certain percentage to take out and then put it in a safe or a bank account in case you have to pay in taxes for the year.

Related questions

Is Hitachi stock a good investment?

i think it would be a great investment, i put a great amount into that stock


What is the meaning of stock investment in the finance industry.?

Stock investment are monies put into a company similar to a savings account. However, you must leave the monies in the fund for a certain period of time for you to make any interest money on it.


What is the definition of a 'bull put spread'?

A bull put spread is an investment strategy. The investor buys a low-priced stock and simultaneously sells a higher priced stock to gain from a rise in prices.


Cd can you put it into a retirement account now for it to be exempt?

hard to understand you. CDs are perfectly allowable in an IRA. Most IRA trustees will handle them. If a Traditional IRA, the current value of what you put in is currently tax deductible, (within the prescribed limits). The earnings and original contribution are not taxed until withdrawal. (The taxes on principal and earnings aren't exempt..just deferred till received). If a Roth, the current value of what you put in (again within the limits) is after all taxes are paid on that value. (Hence a CD would be worth something different than you paid). Any future earnings and the withdrawal of contribution are not taxable (under current law). (The earnings are exempt..but you paid the taxes on the principle up front).


Why do some people invest their savings in the stock market while others put their savings in bank accounts?

The stock market is a much riskier investment but potential for high returns on investment. Bank accounts (checking and savings) are insured up to $100,000 against loss by the FDIC and usually a lower return on investment.


What is retaining earning?

If you mean retained earnings, that is the total amount the company earns after taxes and dividends to stock holders. Oftentimes, this money is reinvested into the company. It is hardly ever just put away to keep because of the possibility to earn interest on it or investing it in a bigger factory or something like that. Retaining earning simply means that you keep what you earn. After expenses and costs of your company and dividends and interests and taxes.


Can you put your earnings from Amazon dot com put on a debit card?

If you mean earnings from Affiliates, then I think no. Amazon.com sends you a check with the earnings from the previous month, if you surpass the $100 threshold.


Can 1099 independent contractors be garnished in Virginia?

No, they cannot be garnished because there is no paper trail of the earnings until that person completes their yearly taxes. They can put a levy on your bank account though.


Where do you put retained earnings on a balance sheet?

liability


Where on the balance sheet do you put a deficit?

Retained Earnings


Let Someone Else Decide Where To Invest Money?

Picking an investment company to put your money in is a very important decision. You are putting not only your money into an investment, but your faith in the investment as well. Consult with an investment broker before you make any decision on where to put money. They will show you the past investments of the company and the rise and fall of the stock amounts. Find a company with a good history and one that has a bright future so that you do not lose more money than you invest.


How do you calculate gross equity?

Owner's Equity = Contributed Capital ± Retained Earnings Contributed capital is money that has been contributed to a company by its owners or by a direct investment made by stockholders in a corporation. A company would have stockholders if that company sells shares or stock. Retained earnings is a companys' accumulated profits that have been put back or reinvested into the company. Some examples of retained earnings are supplies expense, rent expense, wages expense, interest expense, utilities expense, sales revenue, cost of goods sold, and depreciation expense. A return on equity (ROE) is the net income divided by stockholders' equity. Assets = Liabilities + Owners Equity