This Stock is about to drop drastically, if you've enjoyed the 5, 10 or 15 cent gains recently, you better take your money and run. A better Choice is YRCW if you really want to make money. Only fools invest in YMI.
Short term capital losses can be used to offset long term gains in the stock market by first subtracting the short term losses from any short term gains. If the losses exceed the gains, the remaining losses can then be used to offset long term gains. This can help reduce the overall tax liability on investment profits.
Taxes on investment gains fall into two categories, long and short term capital gains.
15% for Long Term, Ordinary Rates for short term www.TaxMeThis.com
Short offset shorts first, then they offset longs. Your better to have them offset short, as short is taxed at ordinary rate and long at special lower rate. A stock sale is a capital gain/loss transaction.
Gold stock is typically a good long term investment but not a good short term investment. Price fluctations can vary to much for short term investments.
can long term gains be offset by short term losses
Capital gain taxes are based in large part on your ordinary tax rate.... * Ordinary tax rate 10%, long term capital gains tax 0%, short term capital gains tax 10% * Ordinary tax rate 15%, long term capital gains tax 0%, short term capital gains tax 15% * Ordinary tax rate 25%, long term capital gains tax 15%, short term capital gains tax 25% * Ordinary tax rate 28%, long term capital gains tax 15%, short term capital gains tax 28% * Ordinary tax rate 33%, long term capital gains tax 15%, short term capital gains tax 33% * Ordinary tax rate 35%, long term capital gains tax 15%, short term capital gains tax 35%
Option premiums are taxed as either short-term or long-term capital gains, depending on how long the option is held. Short-term gains are taxed at ordinary income tax rates, while long-term gains are taxed at lower capital gains rates.
The word "stock" has a short vowel sound.
One year makes any gain from the sale a long term capital gain which is at a lower tax rate than a short term gain.
The main difference between long-term and short-term capital gains is the length of time an asset is held before it is sold. Short-term capital gains are profits made on assets held for one year or less, while long-term capital gains are profits made on assets held for more than one year. The tax rates for these gains also differ, with long-term gains typically taxed at a lower rate than short-term gains.
The main difference between long-term capital gains and short-term capital gains is the length of time an asset is held before it is sold. Long-term capital gains are from assets held for more than one year, while short-term capital gains are from assets held for one year or less. The tax rates for long-term capital gains are typically lower than those for short-term capital gains.