Long-Term Capital Gains Tax Rates in 2018 - Yahoo

Short-term capital gains are taxed as ordinary income , which means your marginal tax rate will apply to your short-term gains as well.

tax brackets. A 15% long-term capital gains tax rate applies to the next four brackets -- 25%, 28%, 33%, and 35%. Finally, a 20% long-term capital gains tax rate applies to taxpayers in the highest (39.6%) tax bracket." data-reactid="30">Meanwhile, long-term capital gains are taxed at one of three...

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Website: https://nz.finance.yahoo.com

Related topics : income tax long term capital gains / tax long term capital gains 2018 / capital gains tax rate short term long term / capital gains tax rate long term 2018 / investment capital gains tax rate

A Second Home & Capital Gain Tax Rules | Legalbeagle.com

If you've held it for a year or more, your tax rate is the lower long-term capital gains rate.

The Vanishing Exclusion

Taxpayers filing individually and earning less than $9,225 pay no taxes on short-term capital gains or any other ordinary income. From there, the applicable rates increase in seven steps to a rate of 39.6...

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Website: https://legalbeagle.com

Related topics : capital gains tax rate short term long term / short term capital gains tax rate / capital gains tax rate long term / capital gains tax short term / income tax long term capital gains

Long-Term Capital Gains Tax Rates in 2016

Wipe out the tax with losses

Another way to avoid paying long-term capital gains taxes is to offset your gains with losses. If you have $6,000 in long-term capital gains and $2,000 in capital losses, you can subtract that $2,000 and only be taxed on $4,000, saving $500 if you're in the 25% tax bracket.

If you have more losses than gains, you can use up to $3,000 of losses to offset your overall taxable income, and any more than that can be carried forward...

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Website: http://newsyoucanuse.axa.com

Related topics : capital gains tax rate 2016 long term / capital gains tax rate short term long term / capital gains tax rate long term / income tax long term capital gains / tax long term capital gains

Tax-Adjusted Return - Morningstar

http%3a%2f%2fwww.morningstar.com%2fInvGlossary%2fGlossary.aspx%3fterm%3dtax_adjusted_return

Tax-Adjusted Return

Taxes are a significant consideration for many investors who own mutual funds in taxable accounts. When a fund receives a stock dividend or interest from a bond, it will divide that dividend among its shareholders, and when a fund sells a security at a gain, it will divide that capital gain among its shareholders. Investors pay taxes on these dividends and capital gains, and they may also pay...

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Website: http://www.morningstar.com

Tax Brackets (Federal Income Tax Rates) 2000 through 2017 ...

Where Tax Brackets Apply

"Taxable Income" above is really Regularly Taxed Income minus Adjustments, Deductions, and Exemptions.

Payroll Tax (Social Security and Medicare), and Qualified Dividends and Long Term Capital Gains are separate...

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Date: 2017-12-28 14:06:13
Website: http://www.moneychimp.com

Related topics : federal tax brackets income / tax calculator long term capital gains / income tax long term capital gains / federal tax brackets 2017 / capital gains tax rate long term 2017

Capital Gains Tax On Property - Property | Laws.com

The capital gains tax is a levy charged on the profit realized from the sale of a non-inventory asset. A capital gain refers to any profit that is obtained from an investment into a capital asset. The term capital asset refers to any stocks, bonds, or real estate.�

A capital gain is simply a profit--the difference between a higher selling price and a lower purchasing price--that is incurred through the purchase and subsequent sale of property or investment in a stock or bond. The capital gains tax on property must be held separately from the levy imposed on income producing financial instruments.

If an...

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Website: https://property.laws.com

Related topics : income tax long term capital gains / capital gains tax rate short term long term / investment property capital gains tax rate / capital gains tax investment property sale / capital gains tax investment property 6 years

India capital gains tax rates, and property income tax

A surcharge of 10% of the total tax liability is applicable where the total income exceeds INR10 million (US$147,059).

Education Cess

An education cess of 3% is levied on the total income tax liability.

RENTAL INCOME

Nonresidents earning rental income are taxed at progressive rates. In case of co-ownership, both parties are taxable separately.

Income earned from leasing land, buildings, and...

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Website: https://www.globalpropertyguide.com

Related topics : income tax long term capital gains / capital gains tax on rental property / capital gains tax rate short term long term / short term capital gains tax rate india / capital gains tax property sale

423-Qualified ESPP Tax Calculator | The Worst Thing in the ...

04/26/2012 - 10:53

Overview

An ESPP is a benefit plan that allows employees to purchase stock from their company at below market price. Usually income from your paycheck is withheld for a certain period of time (say, 6 months) and then used to buy stock at the end of the period.

Your tax rate for the transaction depends on how long you hold the stock before selling it.

To get favorable tax treatment, you have to hold the stock for 2 years after the grant of the ESPP (the start of the withholding period) and 1 year after the stock is ...

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Date: 2018-04-05 20:57:56
Website: http://twtitw.firebus.com

Related topics : current capital gains tax rate long term capital gains / capital gains tax rate long term / tax calculator long term capital gains / current capital gains tax rate / income tax long term capital gains

Capital Gains Distributions | Franklin Templeton Investments

Preliminary 2017 Year-End Capital Gain Indications

Pending and Estimated amounts of upcoming capital gain distributions are shown in red italicized text.

Estimated distributions can change prior to the record date depending on current market conditions and number of shares outstanding. Estimates do not include ordinary income distributions the funds may be making. For information regarding the...

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Website: https://www.franklintempleton.com

Related topics : income tax long term capital gains / capital gains tax rate short term long term / capital gains tax rate long term 2017 / federal tax long term capital gains / current capital gains tax rate long term capital gains

Capital Gains Tax Rising – Marotta On Money

by Austin Fey on April 11, 2012 with 4 Comments

When you purchase shares of stock of a publicly owned company, you are hoping that the company's value, and thus the stock price, will go up. Later you can sell your stock, if desired, and make a profit. If you hold a stock position for at least a year before selling, the growth is called a long-term capital gain.

Like other sources of income, when...

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Website: http://www.marottaonmoney.com

Related topics : current capital gains tax rate long term capital gains / capital gains tax rate long term / current capital gains tax rate / tax long term capital gain 2013 / income tax long term capital gains

ATRA Tax Rates for Capital Gain and Dividends - Fairmark ...

The American Taxpayer Relief Act of 2013 ("ATRA") made important changes in the way long-term capital gain and qualified dividend income are taxed. Here's an explanation, in Q&A format.

What happened to the 0% rate?

The 0% rate for capital gain that falls below the level where the 25% tax bracket begins was set to expire in 2013. ATRA�made it permanent.

How about the rate for qualified...

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Website: http://fairmark.com

Related topics : income tax long term capital gains / capital gains tax rate long term / tax long term capital gain 2013 / investment capital gains tax rate / new capital gains tax rates

Can a long term capital loss carry forward offset the ...

Can a long term capital loss carry forward offset the recapture of accumulated depreciation and capital gains on a property sale?

by George Dimov | Sep 30, 2016 | NYC Accounting | 5 comments

Yes, you can offset the gain on sale of the building against the loss carryover. Hence you will not owe any tax on the gain on sale of the building.

Capital gain is calculated as Sales price less adjusted...

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Website: https://www.nycaccountingconsulting.com

Related topics : capital gains tax rate short term long term / capital gains tax rate 2016 long term / capital gains tax rate long term / short term capital gains tax rate calculator / short term capital gains tax rate 2016

Capital Gains Tax in India - Short & Long Term Capital ...

Income from Capital Gain>

Income from Capital Gains Tax

Understanding the provisions of capital gains- chargeability conditions, meaning of capital asset, short term capital gain and long term capital gain.

Income from Capital Gains is one of the five heads of income, taxable under the Income Tax Act. Capital gain is concerned with the transfer of capital asset.

Chargeability basis

The...

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Website: https://www.icicibank.com

Related topics : income tax long term capital gains / capital gains tax rate short term long term / short term capital gains tax rate india / income tax act india long term capital gains / capital gains tax rate long term

Income and Tax Calculator

(As amended by Finance Act, 2017)

Income and Tax Calculator

Click here to view relevant Act & Rule .

Assessment Year

Tax Payer

Tick if, total turnover or gross receipts of the company in the previous year 2014-15 does not exeeds 5 crore rupees

Tick if, company opted and qualify under section 115BA

Male / Female / Senior Citizen

Income From House Property Show Details

a. Interest Paid/Payable on...

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Website: incometaxindia.gov.in

Related topics : income tax long term capital gains / tax on long term capital gains 2014 / current capital gains tax rate long term capital gains / capital gains tax rate short term long term / capital gains tax rate 2016 long term

1040 Tax Estimator (Tax Year 2006) - cchwebsites.com

The tax is 15% for any of your capital gain that would have been taxed at a rate higher than 15% if it were considered a short-term gain.

This calculator assumes that none of your long-term capital gains come from collectibles, section 1202 gains or un-recaptured 1250 gains. These types of capital gains are taxed at 28%, 28% and 25% respectively (unless your ordinary income tax bracket is a...

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Website: http://www.cchwebsites.com

1040 Tax Calculator - Calculate Taxes Due, Owed, Refund ...

This calculator assumes that all of your long-term capital gains are taxed at either 0% or 15%.

The tax is 0% for the portion of your gain that would have been taxed at 15% or lower tax if it were a short-term gain.

The tax is 15% for any of your capital gain that would have been taxed at a rate higher than 15% if it were considered a short-term gain.

This calculator assumes that none of your...

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Website: https://www.aarp.org

Long term capital gains comes back in Budget 2018-19 ...

Union Budget 2018-19 has a mixed bag of tax proposals, levying long term capital gains on stock market investments, lowering the corporate tax rate to 25 per cent, while giving little tax relief to salaried classes.

The Finance Minister in his Union Budget has announced a long term capital gains tax of 10 per cent on all gains of over Rs 1 lakh. However, gains up to January 31, 2018 would be...

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Date: 2018-04-05 23:20:11
Website: https://www.thehindubusinessline.com

Related topics : capital gains tax rate long term 2018 / capital gains tax rate short term long term / tax long term capital gains 2018 / current capital gains tax rate long term capital gains / capital gains tax rate long term

How Do I Figure Capital Gains Tax on Real Estate? | Home ...

Capital gains are the difference between the purchase price of your real estate and the price you sell it for. Capital gains tax apply to certain types of sale, usually income properties, and refers to what you pay on that difference, after adjusting for a variety of exemptions, deductions and tax breaks. The tax on capital gains income is calculated separately from the tax on your regular income...

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Website: http://homeguides.sfgate.com

What is the effect of a lower tax rate for capital gains ...

Throughout the history of the income tax, capital gains have been taxed at lower rates than ordinary income. Since 2003, qualified dividends have also been taxed at the lower rates. Defenders of the tax preference argue that lower tax rates for capital gains and dividends offset the taxes that have already been paid at the corporate level. Some also claim that lower tax rates for capital gains...

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Date: 2018-04-05 12:57:27
Website: http://www.taxpolicycenter.org

Long-Term Capital Gains Tax Rates in 2018 - Yahoo Sports

If you sell an investment or other asset at a profit, the sale results in a capital gain. Long-term capital gains are taxed more favorably than short-term gains, and because the tax brackets have changed slightly for 2018, the long-term capital gains tax structure has changed slightly as well.

Here's a rundown of what qualifies as a long-term capital gain, the long-term capital gains tax rates,...

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Website: https://sports.yahoo.com

Related topics : income tax long term capital gains / tax long term capital gains 2018 / capital gains tax rate short term long term / capital gains tax rate long term 2018 / investment property capital gains tax rate

IT Dept notifies new rules for capital gains tax exemption ...

The Income Tax Department on Tuesday notified rules specifying equity transactions that will attract capital gains tax if securities transaction tax (STT) was not paid on them.

The move comes after the Finance Act 2017 that aimed to curb the practice of declaring unaccounted income as exempt long-term capital gain by entering into sham transactions.

According to the notification that follows...

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Date: 2018-04-05 02:39:59
Website: https://www.thehindubusinessline.com

Related topics : income tax long term capital gains / new capital gains tax exemption / tax long term capital gains 2018 / tax long term capital gains / capital gains tax exemption 2018

Capital Gains Tax Rates for 2017 - Maestro Wealth Advisors

Long-term capital gains currently enjoy more favorable tax rates than ordinary income. �For example,�current long-term capital gains tax rates are 0%, 15%, and 20%, and the rates for ordinary income range from 10% to 39.6%. �With a new President in office, changes that may affect your long-term capital gains tax rate could be coming.

Current Capital Gains Tax Rates

To understand capital...

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Website: http://maestrowealth.com

Related topics : income tax long term capital gains / current capital gains tax rates 2017 / current capital gains tax 2017 / current capital gains tax brackets / new capital gains tax rates

What Is the Capital Gains Tax Rate on the Sale of a Home ...

A capital gain is a profit that you realize on the sale of an asset, such as a home. By the federal tax code, "short-term" capital gains are those realized on assets held for a year or less, while "long-term" gains are realized on assets held for longer than a year. The current federal tax rate on short-term gains is identical to your income tax rate. For long-term gains, the capital gains rate...

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Website: http://homeguides.sfgate.com

Indexed Cost and LTCG Calculator - Old (upto 31.03.2017)

(Indexed Cost of Aquisition (A6) + Indexed Cost of Improvement (B4)

D2

Long Term Capital Gain [ C5 - D1 ]

Exemptions

Section 54:

In case the Property sold / transferred is a residential house, and if out of the capital gains, a new residential house is constructed within 3 years, or purchased 1 year before or 2 years after the date of transfer, then exemption on Long Term Capital Gain is available on the amount of investment in the new asset to the extent of the capital gains. It may be noted that the amount of capital gains not appropriated towards purchase or construction of a new house within 3 years may be...

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Website: finotax.com

Related topics : new capital gains tax exemption / investment property capital gains tax exemptions / new capital gains tax on property / capital gains tax exemption / income tax long term capital gains

Budget 2018: Long Term Capital Gains Tax On Equity. 5 ...

Budget 2018: Long Term Capital Gains Tax On Equity. 5 Things To Know

Imposition of long term capital gains (LTCG) tax at the rate of 10% spooked the Indian markets

Budget 2018 | NDTV Profit Team | Updated: February 03, 2018 20:19 IST

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LTCG of Rs one lakh on sale of equity would be taxed at 10%, entails Budget 2018

From February 1 onwards, the government of India's income...

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Date: 2018-04-05 23:37:00
Website: https://www.ndtv.com

Related topics : income tax long term capital gains / tax long term capital gains 2018 / capital gains tax rate short term long term / capital gains tax rate long term 2018 / short term capital gains tax rate india

Capital Gains and Losses: Short-Term and Long-Term ...

$5,000 net short-term capital gain and

$4,000 net long-term capital loss.

Kyle will subtract his LTCL from his STCG, leaving him with a STCG of $1,000. This will be taxed according to his ordinary income tax bracket.

EXAMPLE 2:�In a given year, Christopher has:

$3,000 net short-term capital loss and

$6,000 net long-term capital gain.

Christopher will subtract his STCL from his LTCG, leaving him...

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Website: https://obliviousinvestor.com

Related topics : income tax long term capital gains / capital gains tax rate short term long term / capital gains tax rate long term vs. short term / capital gains tax rate long term / capital gains tax short term

What you need to know about Capital Gains Tax on shares

CommBank tools and calculators

Capital Gains Tax (CGT) is a term you'll often hear as tax time draws near. Here's the basics of CGT, when you are required to pay it and what happens if you make a capital loss instead of a gain on your shares.

Basically, if you buy shares for one price and sell them for another price then the difference between the two is your capital gain or loss.

In the event...

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Date: 2018-04-05 22:57:02
Website: https://www.commbank.com.au

Related topics : pay capital gains tax / capital gains tax shares / capital gains tax rate long term / income tax long term capital gains / investment property capital gains tax rate

Don't Let Capital Gains Fatten Your Tax Bill | Military.com

Don't Let Capital Gains Fatten Your Tax Bill

USAA

Whether you invest in stocks, real estate or even rare coins, a basic understanding of capital gains and losses may help you lower your tax bill. Here is an overview to help you navigate this confusing part of the federal tax code.

What's a capital gain?

A capital gain is an increase in the value of any capital asset you own. The IRS defines a...

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Date: 2018-04-05 23:26:23
Website: https://www.military.com

How are capital gains taxed? | Tax Policy Center

Capital gains are profits from the sale of a capital asset, such as shares of stock, a business, a parcel of land, or a work of art. Capital gains are generally included in taxable income, but in most cases are taxed at a lower rate.

A capital gain is realized when a capital asset is sold or exchanged at a price higher than its basis. Basis is an asset's purchase price, plus commissions and the...

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Date: 2018-04-05 05:00:51
Website: http://www.taxpolicycenter.org

Related topics : income tax long term capital gains / tax long term capital gains 2015 / capital gains tax rate short term long term / capital gains tax rate long term 2015 / investment capital gains tax rate

California Capital Gains Tax - 2018 State Taxes Guide

California Capital Gains Tax - 2018 State Taxes Guide

Soldier counting money

6.6k

3

April 15th, otherwise own as Tax Day, is ever nearing. If you're one of the millions of Americans that has decided to put off your filing to closer to deadline day and are trying to jog your memory back into tax filing gear, no worries. That's what this entry is for.

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Ever wonder what would happen if you...

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Website: http://govthub.com

Kristel K. Patton, P.C.: Do I Have to Pay Income Tax on My ...

That is one of the most common questions about the administration of trusts and estates. �The answer is, "It depends." The beneficiaries, and perhaps the trusts themselves, are subject to the income tax. �Distributions of principal are not subject to income tax. �Distributions of income are subject to income tax. �The trust has to pay income tax on any income that is not distributed.

Some...

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Date: 2018-03-06 10:18:42
Website: http://kkpattonlaw.blogspot.com

Self Build Capital Gains

If you self build your own home and live in it after completion then there shouldn't be any self build capital gains tax liability when you sell or dispose of it in the future.

In these circumstances your self build home is your 'principal private residence' and as such qualifies for private residence relief. As long it has been your main residence and used as your home and nothing else, you should be exempt from paying tax on any capital gain.

Serial Self Builders

Some self builders repeat the process of building, moving in and moving on, rolling equity gains into subsequent houses and avoiding capital gains tax (CGT) along the way. This...

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Website: http://www.the-self-build-guide.co.uk

Related topics : capital gains tax home / new capital gains tax on property / avoiding capital gains tax / new capital gains tax exemption / income tax long term capital gains

How to Save Income Taxes on Land Sales | Finance - Zacks

The sale of land is a taxable event if you sell it for a profit. The lax liability can be pretty steep if your land has greatly appreciated in value since you bought it. However, there are ways to reduce the amount of taxes that you pay. And if you sell your land at a loss, you might be entitled to a tax deduction.

Selling Your Primary Residence

If you sell your main home, you are entitled to...

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Website: https://finance.zacks.com

Related topics : capital gains tax rate long term vs. short term / capital gains tax rate short term long term / capital gains tax rate long term / capital gains tax on land sale / income tax long term capital gains

Current Income Tax Slabs, Rates And Other Details

Current Income Tax Slabs, Rates And Other Details

In Budget 2018, the Finance Minister proposed no change in income tax slab and tax rates for individuals for FY 2018-19.

Budget 2018 | NDTV Profit Team | Updated: February 19, 2018 10:54 IST

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Finance Minister Arun Jaitley in Budget 2018 left the basic income tax rates and slabs unchanged . However, he announced a number of...

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Date: 2018-04-06 02:04:55
Website: https://www.ndtv.com

Related topics : capital gains tax rate long term 2018 / current capital gains tax rate long term capital gains / income tax slab / new capital gains tax changes 2018 / income tax long term capital gains

Deadline For Filing Late, Revised Income Tax Return Is ...

March 31 is approaching. It is the last date for filing belated or revised�income tax�return for assessment years 2016-17 (financial year FY2015-16) and 2017-18 (FY2016-17). "Belated or revised returns for AY2016 and 2017-18 can only be filed up to March 31, 2018 (with interest, if any, for late filing)" the Income Tax Department said in a communication issued in newspapers. Individuals...

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Website: https://www.informalnewz.com

Budget 2018-19: Capital gains tax relief, plan to change ...

Short-term capital gains (STCG) from sale of shares within a year are currently taxed at 15 per cent while the long term capital gains (LTCG) from sale of shares after one year are tax free.

© Provided by Indian Express

Highlighting the anomaly of security market players paying low level of taxes, the Prime Minister had, in 2016, made a case for higher taxes on participants in the financial...

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Website: msn.com

Deadline For Filing Late, Revised Income Tax Return Is ...

Deadline For Filing Late, Revised Income Tax Return Is....

March 31 is approaching. It is the last date for filing belated or revised�income tax�return for assessment years 2016-17 (financial year FY2015-16) and 2017-18 (FY2016-17). "Belated or revised returns for AY2016 and 2017-18 can only be filed up to March 31, 2018 (with interest, if any, for late filing)" the Income Tax Department said...

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Website: http://www.teckmarthub.com

A fair tax for long-term capital gains - Livemint

If we want our tax system to be more equitable and fair, we need to sharply correct skew in favour of more direct taxes. The soon to be rolled out goods and services tax (GST) will replace existing indirect taxes like excise and value-added tax, but will nevertheless be an indirect tax. This is being hailed as a revolutionary tax reform and will undoubtedly go a long way in reducing leakage,...

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Date: 2018-04-05 23:36:10
Website: https://www.livemint.com

Related topics : income tax long term capital gains / capital gains tax rate short term long term / tax on long term capital gains 2014 / capital gains tax rate long term 2014 / short term capital gains tax rate india

Income Tax Calculator for Assessment Year (AY) 2018-19 ...

8. Penalties for non-filing an income tax return from FY 2017-18 ?

Penalty of Rs 5,000 is applicable if Return for FY 2017-18 is filed after due date (31st July 2018) but by 31st December 2018.

Penalty of Rs 10,000 is applicable if Return for FY 2017-18 is filed after 31st December 2018 but by 31st March 2019.

Note: Penalty is limited to Rs 1,000 for those with income up to Rs 5 lakhs.

9. What is...

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Website: http://incometax-calculator.com

1031 Exchange or Pay Capital Gains Tax

A 1031 exchange represents a solid strategy for deferring the capital gains and recaptured depreciation taxes when selling and replacing like-kind, real and personal property held for productive use in a trade, business or for investment. These tax deferrals, along with asset liquidity, are the core benefits of the 1031 exchange.

The 1031 exchange is, in its own right, a subsidy from all US...

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Website: http://www.atlas1031.com

Capital Gains and Tax Reform; Short-Term and Long-Term ...

January 24, 2018

Getty Images

As most alert taxpayers know, a sweeping tax reform bill was put into law in January that affects most tax brackets, a pack of exemptions--both personal and business--as well as filing status, child credits, retirement plans, and how to book capital gains and losses on tax returns.

Much has been written about the new tax code, so here we'll focus on capital gains.

If...

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Website: https://tickertape.tdameritrade.com

Capital Gains Basics and Tax Treatment | PGIM Investments

What is a short-term capital gain?

It's a gain on an investment that has been held for one year or less. Short-term capital gains are taxed at the same rates as ordinary income and interest. Tax rates for short-term gains can range as high as 37% plus an additional 3.8% Medicare tax for certain individuals.

Why do mutual funds distribute capital gains?

When a mutual fund generates income from its...

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Website: https://www.pgim.com

Related topics : income tax long term capital gains / capital gains tax rate short term long term / investment funds capital gains tax / capital gains tax rate long term / short term capital gains tax rate

» How can I reduce my capital gains taxes on the sale of ...

How can I reduce my capital gains taxes on the sale of vacant land?

By: Interest.com, January 03rd 2011

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Q. How much must I pay in capital gains taxes from the sale of a piece of undeveloped property? Are there things I can do to reduce my tax bill?

A. If you held the property for more than one year, the profit from the sale is generally treated as a long-term gain and taxed at a maximum...

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Website: http://www.interest.com

Income Tax Calculator India | Calculate Income Tax Online ...

3% of total tax (3% of Rs. 25,000 + Rs. 77,160)

3,065

Rs. 25,000 + Rs. 77,160 + Rs. 3,065

(Rounded off to nearest 10 rupees multiple)

1,05,220

Hence, the total Income Tax liability for Mr. Girish is Rs. 1,05,220 for the F.Y. 2016-17.

What is an Assessment Year? What is the difference between an Assessment Year and Previous Year?

A.Y. is the year in which you file returns. It is the...

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Website: https://www.hrblock.in

Tax Calculator - Estimate Your Income Tax for 2017 and ...

(This is income tax only: Social Security is a separate calculation.)

How to Reduce Your Taxes

As complicated as the tax code is, it's built around a philosophy that actually makes sense: the government will reward intelligent behavior with a tax break. A few obvious...

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Date: 2017-12-28 14:06:13
Website: http://www.moneychimp.com

Related topics : capital gains tax rate long term 2017 / capital gains tax rate long term / income tax long term capital gains / income tax rate calculator / 2017 estimated tax calculator

capital gain: How to calculate short-term and long-term ...

The profit resulting from sale or transfer of a capital asset is called capital gain. There is no gain if the asset is inherited.

Capital asset

Any property, movable or immovable, that is held by a person is termed as asset. This can include land, building, house, securities (stocks, mutual funds, bonds, debentures), jewellery, vehicles, patents, trademarks and machinery.

What is not a capital...

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Date: 2018-04-05 23:12:19
Website: https://economictimes.indiatimes.com

Capital Gains Questions on Selling Farmland ...

Capital Gains Questions on Selling Farmland

July 16, 2013

Paul Neiffer

We had a reader ask the following series of questions.��We are going to break them down into a question and answer format.

Q - Regarding capital gain rates and selling farmland - Am I correct to use the difference between a stepped up ( appraisal / time of death ) value of inherited farmland and sale price ( long term )

A...

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Website: http://blogs.claconnect.com

1040 Tax Form and Instructions 2017 - Income Tax Pro

Free printable 2017 1040 tax form and 2017 1040 instructions booklet PDF file with supporting federal IRS forms, schedules, worksheet and 1040 tax table for the 2018 income tax season. For the 2017 tax year, federal IRS income tax form 1040 must be postmarked by April 17, 2018. Federal IRS income taxes due are based on the tax year January 1, 2017 through December 31, 2017. Prior year 1040...

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Website: https://www.incometaxpro.net

Tax Forms Used When Selling a Business - Tax Education for ...

The following tax forms are typically used when selling a business:

Form 8594, Asset Acquisition Statement

Form 4797, Sales of Business Property

Schedule D, Capital Gains and Losses

Form 6252, Installment Sale Income

Form 8594

Form 8594 is used to report the sale and purchase of a group of assets that constitute a business. On Form 8594 the total selling price of the business is allocated to...

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Date: 2018-03-20 23:14:03
Website: http://www.loopholelewy.com

Calculating and paying capital gains tax - NAB

Calculating and paying capital gains tax

Calculating and paying capital gains tax doesn't have to be hard. Our guide runs you through the basics.

Capital gains tax need not be daunting. Here we've put together a quick guide to help you through the process.

Understanding capital gains and tax

A capital gain or loss is the difference between what you paid for an asset and what you sold it for,...

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Date: 2018-04-05 06:52:56
Website: https://www.nab.com.au