• How to Handle Taxes on Your Investments

    10 days ago - By Wall Street Survivor

    Tax time can send shivers through the spines of investors. Declaring investment income when filing taxes is crucial, but it can be complicated. This simple guide will help you handle taxes on your investment.
    When you make money stock trading or selling mutual funds, your profits are called capital gains. These gains are taxed at different rates depending on how long you hold the investments. The capital gains on short-term investments, held for less than a year, are taxed at your regular tax rate up to 37 percent. Capital gains on long-term investments, held for a year or more, are taxed...
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