 Denied RAL from H&R Block? |
For the past several years, I've applied for, been ACCEPTED, and received my tax refund through a 1-2day RAL with no problem what so ever!!
On Thur, Jan 15th, I filed my taxes, and ... |
|
 Can my mother use my brother as a tax dependent. He is 35 yrs old and has been in jail for 5 years? |
She pays any outside fees needed as well as lawyer fees used for appeal process. She pays out about $4500.00 a year.
Can any of this be written off. And is there anything else that she could do. ... |
|
 Yesterday I found out I had been overpaid for over a year. My boss says I will not need to pay it back.? |
| I work 10 hours over a 2 day period, yesterday I found out I had been overpaid double the amount. I had been getting 368 pounds instead of 184 pounds, my boss says I don't need to pay it back ... |
|
 My stepdaughter is 20 and she says she needs our 1040 tax form for her fin. aid.? |
| Is this normal? I don't know how comfortable I am making copies of our taxes and giving it to complete strangers and why is this necessary if she is an ... |
|
 What about claiming a child on taxes when you pay child support? |
My boyfriend pays child support for his daughter, and he never sees her and he never talks to the mother of the child... (not by his choice)
He pays $300 a month, and they are recently ... |
|
| What can I do if I have never filed taxes? |
| I am 36 years old, I have been gainfully employed making $150k plus per year for the past 11 years and I have never filed taxes, I am a W2 employee, and taxes get taken out of my on a monthy basis, ... |
|
 How long do you have to keep paper records of your bills for tax purposes? |
| I would love to be able to shred a lot of the old ones. I have no storage space to speak of. I get a lot of my bills online and in paper and I am a little hesitant to just go paperless...... |
|
 Has anyone received there Stimulus Check yet? |
| I have heard that people are starting to receive there Stimulus checks is this true?... |
|
 Who thinks like me about the smoking ban in the uk? |
| I think that there won't be a smoking ban in the uk for very long because the goverment will lose too much money by doing this because less and less people will stop buying ciggarettes etc and ... |
|
 P45: Can I claim I lost it? |
Dear all,
I am a very educated person, but unfortunately credit crunch has affected every position in the banking sector. However, I managed to get hired at Starbucks as a Barista. I am ... |
|
 Is signing a spouse's tax refund check considered forgery? |
Additional Details
without permission or even being shown the ... |
|
 Do you have to pay tax on inheritance? |
Do you have to pay income tax on inheritance under 50,000?
Additional Details
live in clorado is there a state tax it is part life insurence and part money from selling a ... |
|
 Irs stimulus rebates, is it a load of crap or what? no way you can get $1,200 as a couple filing jointly? |
Myself(and my wife) both combined earnings are less than $10,000 never mind $150,000 but we filed jointly and were told to expect only $600
Relatives of ours also who earn way way less ... |
|
|  |
JP | How does paying taxes on stocks work? |
When do you pay the taxes on money gained from stocks? If all the money I've gained is still tied up in the stocks (that i originally invested in) at the end of the year, do i still need to report that as taxable income even though it's not really "mine" in the sense that i have not withdrawn it into cash form?
So i guess my question is more of what to you report and WHEN?
Thanks,
Justin |
 |
 
sumbumblebee
|
You don't need to report anything on your stocks unless you received dividends at some point, which you will receive a 1099-DIV for. If you haven't sold any stocks, then that's it.
You'll have to report a gain or loss on sale when you actually sell the stocks in order to purchase other ones or take cash. At that point, you'll get a 1099-B, which you report on your 1040, schedule D.
But for now, as long as you haven't sold anything, you don't need to report anything. |
|
psucunningham
|
You only pay taxes on your REALIZED gains.
If you've only purchased stock this year, then you won't have to pay tax. If you've made a few purchases, sales, etc. you will have to pay on the gains (or losses) you realized when you sold stock. Your brokerage firm will provide you with a form sometime in January that details out all of your realized gains/losses.
You WILL have to pay tax on any dividends that were paid to you throughout the year, even if you are enrolled in a DRIP. |
|
Doug R
 |
Some stocks pay quarterly dividends that ARE taxable. You should get a tax statement at the end of the year. Some stocks do not pay dividends but increase the value of the their stock; which you will pay taxes on the amount earned when you sell them. |
|
pinksteel10
|
you only pay the year you sell the stock. otherwise, report nothing. |
|
src50
|
Capital gains are not incurred until you sell at a higher price basis than you bought for. They are due in the year you sell. Dividend income is taxed annually - you will receive a 1099-DIV for that. |
|
Dr. Strangelove
 |
You pay on the profit you make after you sell. You may have to pay yearly tax on dividends as they accrue. You'll get a form ( I think it's a 1099 ) stating your dividends by Jan 31 each year. |
|
blairwilliamson7
|
You only need to report a capital gain when you sell the stock. It will be either a short or long term capital gain. The tax rates on long term are more favorable. |
|
Lola
|
You still have to claim it as income. Even if you don't technically have it. It's still income. You should get a 1099 at the end of the year to file with your income tax returns. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
8 | 25 minutes(s) ago
| | | |
8 | 39 minutes(s) ago
| | | |
8 | 3 hour(s) ago
| | | |
8 | 5 hour(s) ago
| | | |
8 | 8 hour(s) ago
| | | |
17 | 2 day(s) ago
| | | |
17 | 4 day(s) ago
| | | |
17 | 5 day(s) ago
| | | |
16 | 1 week(s) ago
| | | |
16 | 2 week(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
