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Long Term & Short Term Capital Gains Tax Rate 2011, 2012

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Uploaded by on Sep 6, 2009

Long Term & Short Term Capital Gains Tax Rate 2011, 2012
http://www.harborfinancialonline.com

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Education

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Uploader Comments (HarborFinancial)

  • is there a cap on the amount you can deduct for capital loses?

  • Yes. $3,000 per yr. You can carry additional losses to future years though.

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  • What about Stocks and mutual funds We have several that we sold recently

    that we have held for up to 25 years How do you calculate gain/loss after several splits and in some cases new company ownership or buyout

    ex GTE stock ESOP 1985 want to sell now it is Verizon for quite a few years

    In most cases we have the statements to get the value when purchased and sold.... I used Turbo Tax but have never done stock long term captia loss/gain

    Thanks

    Greg

  • just send me a message when you respond to this.

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