Income Taxes and Record Keeping ( tax )

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Strategies & Market Trends
Income Taxes and Record Keeping ( tax )

An SI Board Since September 1997

Posts	SubjectMarks	Bans
5810	438	0

Emcee: Zeuspaul	Type: Unmoderated

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Reply	Message Preview	From	Recs	Posted
5410	ok, i sold it. that explains the huge decrease	NOW	-	4/24/2011
5409	yes sold	stock leader	-	4/24/2011
5408	you mean sold?	NOW	-	4/23/2011
5407	passive losses do NOT offset capital gains unless the under-lying passive activi	stock leader	-	4/22/2011
5406	Question: i had a couple of rather large passive LP losses last year, but using	NOW	-	4/6/2011
5405	<i>Based on your statement - "99.99% of my income in 2010 was from a	Elroy	-	4/4/2011
5404	RE: "there is this $34k filing separately/$68k filing jointly deduction fro	B.K.Myers	-	4/4/2011
5403	Thanks for the info. The posters on Fairmark Forum also agreed that there is th	Elroy	-	4/4/2011
5402	Elroy, 1. Margin interest paid on taxable investments (not tax free investments	B.K.Myers	-	4/3/2011
5401	The correct answer to the tax rate will be spit out by the Qualified Dividend an	Kapusta Kid	-	4/3/2011
5400	"ordinary dividends are taxed at your normal income rate, but qualified div	Kapusta Kid	-	4/3/2011
5399	Hmmm, this is interesting. 99.99% of my income in 2010 was from a long term c	Elroy	-	4/3/2011
5398	Doing taxes for 2010. 1- One of the items on my brokerage statement 1099 is M	Elroy	-	4/3/2011
5397	No IRA's for you. :^D In order to have a qualified dividend; they cant be p	deeno	-	3/15/2011
5396	<i>well you know you should ask an accountant but....</i> I don;t k	Elroy	-	3/15/2011
5395	well you know you should ask an accountant but.... 1. no 2. Someone else has po	deeno	-	3/15/2011
5394	I've read that the 2010 tax rate on dividends is 15%. Someone else has post	Elroy	-	3/15/2011
5393	I don't think so - it requires "earned income".	wilywilly	-	3/15/2011
5392	In 2010 I only have interest, dividend and capital gains income. No earned inco	Elroy	-	3/14/2011
5391	BWAC Good idea. I have also been looking for ways of hedging against any forth	Delfino R Zavala	-	1/18/2011
5390	I did that once. Lost all the gains. Use the tax savings to buy some Puts.	BWAC	-	1/17/2011
5389	Guys Thanks for the info. I will excercise the call options and hold it for a	Delfino R Zavala	-	1/17/2011
5388	Doniam is correct. If you hold the stock for a year, it will be a long term gai	Gary	1	1/17/2011
5387	I just looked it up on a tax program and they are saying that if you exercise th	doniam	1	1/16/2011
5386	<i>Next week I will excercise calls I purchased which have a sizable gain.	Elroy	-	1/15/2011

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