As we know there are 5 types of Income,Income from Salary, Income from House Property(Any residential or commercial property that you own will be taxed),Income from Capital Gains (When yousellMutual Funds,Stocks, Bond, Gold, Land or Property,Income from Profits and Gains of Business or Prof...
My own brokers don’t support European-listed ETFs. So personally I’d sell and replace Amundi Prime Global before the last day of trading. Taxable accounts and capital gains events Without UK reporting fund status, capital gains are taxed at your marginal income tax rate. Even worse, the CG...
However when they filers see their actual refund is lower than expected, common questions that come up include, “Why is my refund so small?“, “Why did it change on my transcript?”and “How can I find out more details?” Naturally they get stressed and depressed around their refund b...
Until 1973 when a couple married the wifelost her independent status as a human being– I know that sounds awfully dramatic but if a wife wrote to the revenue pointing out that she had paid too much tax on her earnings under the PAYE system the reply was addressed to her husband and the...
Taxes on Taxable Accounts“Hi, Dr. Dahle. I have a question that's probably kind of dumb, but if you'll indulge me regarding taxable accounts: how often and when are we actually taxed? For example, if you have 500 shares of VTI in a Vanguard account, are you taxed capital gains ...
Emini futures are taxed at an attractive tax rate – a “blended” rate of 60% of your (lower) long-term capital gains rate + 40% of your (higher) ordinary income tax rate. For most traders, this equates to a rate of between 19% and 22%. The actual tax rate you pay will depen...
and capital gains are taxed on only 50% of the gain at your marginal tax rate, which is not likely to be the top given all the tax breaks you get. Capital gains tax might be 15% of the gain. And f course no tax on draw downs of your stash. In summary tax will be much less ...
Even if I did this every single year for the rest of my life, I’d blow $50,000 on luxurious trips to visit my family (and I could drive my Mom to her 125th birthday in style!) And based on my own worst-case spreadsheet, I amnevergoing to wake up and think, ...
Overall I got an okay positive return. My balance is a barely significant part of my overall, which being retired now, I will withdraw part of each year (determined by minimizing tax). But I learned through the experience. I now consider organizations like TIAA-CREF to be leeches ...
When I started the Mad Fientist, I didn’t do anything special to start my “business”. As I mentioned in mylast post, I was sick of being paralyzed by stuff that didn’t really matter so I just started writing and didn’t stress about the business end of things. ...