If your business sells products, you need to know how to calculate the cost of goods sold. This calculation includes all the costs involved in selling products. Calculating the cost of goods sold (COGS) for products you manufacture or sell can be complicated depending on the number of products...
Long-term capital gains tax rates are 0%, 15% or 20%, depending on your taxable income and filing status. » Dive deeper: How to calculate capital gains taxes When do you pay taxes on stocks? Taxes on stocks are incurred in the tax year the stock is sold or the dividend payment ...
Figuring Taxes To calculate the capital gain on the sale of inherited stock, subtract the adjusted cost basis from the proceeds of the stock sale. To figure out your tax liability, multiply the gain by the applicable long-term capital gains rate. As of 2012 the maximum long-term capital gai...
How To Calculate Depreciation To calculate depreciation, you need to know: The cost of the asset (asset basis), including costs for buying the asset, shipping, setup, and training The useful life of the asset (also called the recovery period) ...
Calculate thecost basisfor each asset you sold during the tax year. Start with the asset's original purchase price. Add any extra costs involved in purchasing the asset, such as shipping and handling, sales tax, excise taxes, import fees, installation and setup fees. If you made any improve...
A way to check that your statements are consistent: The ending balance of a cash flow statement will always equal the cash amount shown on the company's balance sheet. How can you calculate cash flow? 1. Start with the opening balance. The opening balance is the total amount of cash in...
Equity interest refers to the share of a business owned by an individual or another business entity. For example, a stockholder with a 20% equity interest owns 20% of the business. In This Article What Is Owner’s Equity? Owner’s Equity Explained How to Calculate Owner’s Equity Statement...
How to calculate cash flow You can calculate cash flow in a few different ways, depending on what type of cash flow you’re focusing on. Three often-cited types are listed below, with the cash flow formulas for calculating each. You don’t have to be a mathematician—you can also use ...
Your net long-term capital gain or loss is calculated on Part II of Form 8949 by subtracting any long-term capital losses from any long-term capital gains. The next step is to calculate the total net capital gain or loss from the result of ...
You must fill out IRS Form 8949 and Schedule D todeduct stock losses on your taxes. Short-term capital losses are calculated against short-term capital gains to arrive at the net short-term capital gain or loss on Part I of the form. Your net long-term capital gain or loss is calculate...