If you've been doing it right, and/or have had some luck, after years of investing, your modest initial investment of a few thousand dollars is now worth many millions.
Right?
Congratulations!
Now that you've achieved your goals, it's time to relax and reap the rewards.
And pay capital gains tax.
This board is a place to exchange information on the current status of capital gains tax laws, to track changes in capital gains tax laws, and to discuss strategies to legally minimize or avoid capital gains taxes.
Laws governing capital gains taxes change over time, often as a reflection of the collective intent of our elected officials.
This board is about capital gains tax, not politics. It will not host complaints about individual politicians or political parties, nor will it allow name-calling or personal attacks, whether directed at board participants or public figures.
Please feel free to suggest appropriate links for inclusion in the header, including IRS publications and useful capital gains discussions found elsewhere on the internet.
IRS Topic No. 409 Capital Gains and Losses
Schedule D, Form 1041, Capital Gains and Losses
Instructions for Schedule D, Form 1041, Capital Gains and Losses |
