Those who are fortunate enough to be successful investors generally know that when it comes time to cash in on their profits, the IRS is ready and waiting for its share. Capital gains taxes are ...
Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Lea Uradu, J.D., is a Maryland state registered tax preparer, ...
With the explosive volatility of Bitcoin and other cryptocurrency prices over the past few years, you may be sitting on some sizable capital gains or losses. You’ll need to report those to the IRS ...
You'll need it to report short- and long-term capital gains to the IRS Reviewed by Ebony Howard Fact checked by Vikki Velasquez When you sell or exchange capital assets like stocks, bonds, real estate ...
The Internal Revenue Service is offering an updated way to handle problems with the Form 8949, which has been having issues this past tax season. For Form 8949, “Sales and Other Dispositions of ...
As a CPA firm preparing income tax returns for active online traders, we are spotting significant discrepancies between 2011 Form 1099-Bs provided by securities brokers – which include cost-basis ...
What Is Form 1099-B: Proceeds From Broker and Barter Exchange Transactions? Form 1099-B, used by brokerages and barter exchanges, records taxpayer gains and losses annually. It helps taxpayers ...
Taxpayer files a Form 8949, which accounts for new IRS cost-basis reporting rules required on securities-broker-issued Form 1099-Bs. As an active investor, taxpayer has hundreds if not thousands of ...
Those who are fortunate enough to be successful investors generally know that when it comes time to cash in on their profits, the IRS is ready and waiting for its share. Capital gains taxes are ...
Dealing with capital gains and losses has been a nightmare in recent years. Those who are fortunate enough to be successful investors generally know that when it comes time to cash in on their profits ...