For tax deferred IRA trading accounts, what happens when you start to draw out money with regards to tax burde
skahhh asked: n? Some of the stocks had dividends, some had profits, some losses? So how is the tax computed on the payouts? Is there anything I should be doing with this traditional IRA account to make sure that expenses and losses are taken into account correctly?
Are my recent dividend reinvestments taxed at the short term or long term capital gains tax rate?
Edwin H asked: I have a regular brokerage account (not tax deferred). I bought a mutual fund a number of years ago, and over the years the dividends have been reinvested in the same fund. This year, I was advised to rebalance my portfolio, so I sold all of this mutual fund. Unfortunately, the last [...]
How can I reduce the tax I have to pay for the dividends I received in 2006 from stocks?Catch up on IRA?
Susan Lee asked: Instead of re-investing the dividends in the stock I have, I requested and got them to pay me the dividends to supplement my income. I took early retirement and worked part-time in 2006. I did not put any money into IRA for 2006. In my parttime job, I had [...]
What are the firms income tax liability and its after tax income? What are the company’s marginal and average
Trease71 asked: The Tally Corporation had a taxable income of $365,000 from operations after all operating costs but before (1) interest changes of $50,000, (2) dividends received of $15,000 (3) dividends paid of $25,000 and (4) income taxes. What are the firms income tax liability and its after tax income? What are the company’s marginal [...]
