Buying and Selling » United States

Archive for the ‘United States’ Category

“I need to track buying and selling of my stocks for taxes on Sharebuilder, does anyone recommend Turbotax?”?

Saturday, February 20th, 2010

Smaht asked:

I am very new to selling stocks. I never sold any for 20 years. I now buy and sell monthly and I need a way to track my capital gains and losses. This is a personal investment account and 2 accounts for minors.. I use Sharebuilder

Tags: Investment Account, Track Stocks, Turbotax
Posted in United States | Comments Off

Which expenses related to buying and selling a house are deductable?

Tuesday, December 8th, 2009

bloodhoundgrl asked:

I know points and loan interest are but what about all the other huge fees, realtor commissions, title stamps, etc. And if so, on what form?

Tags: Realtor Commissions, Selling A House, Selling House
Posted in United States | Comments Off

do i pay tax for each transaction i make buying and selling stocks on short terms?

Friday, December 4th, 2009

EJAG asked:

i opened an investment account online for $2000. with that money i’ve bought and sold stocks totaling to about $40,000. i made a little money at first but ended up in a loss in the end. now the irs is charging me about $10,000 in unpaid taxes. how can that be when i only have $2000 to begin with and actually lost money?

Tags: Investment Account, Investment Online, Lost Money
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CA Taxes: Buying and selling in less than 2 years?

Sunday, August 30th, 2009

explicted1 asked:

I am from California and want to know the amount they tax you when you buy and sell before you have owned it for 2 years? Is it 3 1/3%?

Tags: Buy And Sell, Buy Sell, Ca Taxes
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Tax questions for buying and selling a home?

Friday, July 3rd, 2009

hurricane0808 asked:

If you buy and sell a home in the same tax year do you know what form you will have to fill out? Also does the mortgage company send you any tax paperwork. I know nothing about taxes on homes and what to do. Any advice on what forms or online forms to use would be great. Thanks

Tags: Buy And Sell, Buy Sell, Tax Questions
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How much tax do I pay on the profits of buying and selling a house in 3 months?

Monday, May 25th, 2009

Carnut asked:

If I bought a home for $150,000 and then within 3 months sold it for $190,000, how much tax do I pay on the $45,000 profit?
Not a primary residence

Tags: Buying House, Selling A House, Selling House
Posted in United States | 6 Comments »

How much tax must i pay on buying and selling of stock?

Saturday, March 14th, 2009

mastermind asked:

I just opened an account on scott trade. Lets say I buy 1000 shares of stock at $50 each. I then sell 1000 shares of stock for $51.00. How much tax do I have to pay on the $1000 profit?

Tags: Buy Stock, Scott Trade, Selling Stock
Posted in United States | 2 Comments »

Is it tricky doing your taxes when buying/selling Canadian oil trusts?

Thursday, March 12th, 2009

xeno277 asked:

I’m American and I have someone do my taxes, but will they be able to figure it out? Something about Canadian gov. witholds 15% but then I get it back as a credit?

Tags: Canadian Gov, Canadian Oil Trusts, Doing Your Taxes
Posted in United States | 2 Comments »

What form should be used to write off expenses from buying & selling a home? What expenses can be written off?

Wednesday, December 26th, 2007

friendpa2005 asked:

Last year I sold a condo and bought a house in PA. I am using the H&R block online progam, but am not sure what form to use and what expenses can be written off. Thank you for your help!

Tags: H R Block, Selling A Home
Posted in United States | 2 Comments »

If I exercise the stock otptions by buying and holding (without selling) in 2006, do I need to pay tax?

Thursday, May 10th, 2007

jjli asked:

I mean do I need to pay tax for the year 2006? I know that if you exercise it by buying and selling, then you need to pay tax. How about buying and holding? Thanks a lot!

Tags: Exercise, Stock Buying
Posted in United States | 3 Comments »