I'm Selling My House and Netting $435,000. Do I Have to Worry About Capital Gains Taxes?
Profits from a home sale are subject to capital gains taxes. This sale will count toward your total capital gains for the year, and will be taxed at the normal rates of either 0%, 15% or 20%. That said,
Seattle's capital gains tax appears unlikely to pass
Washington State voters showed broad support for the State’s Capital Gains tax thi. But the idea for a much smaller city version in Seattle is struggling to stay alive. A crucial vote is scheduled for Thursday.
What to know as Canada’s capital gains tax changes remain in legal limbo
The federal government’s capital gains inclusion rate increase has yet to become law. There’s a slight chance it may never come to pass.
A proposed capital gains tax in Seattle draws mixed response from tech leaders and lawmakers
Members of the Seattle City Council’s Select Budget Committee on Wednesday debated a newly proposed 2% capital gains tax to support food and housing programs for the city’s low- and middle-income residents.
Seattle city economists: Proposed 2% capital gains tax could spur wealth exodus
Seattle officials worry that implementing a local capital gains tax would coax wealthy residents to change their home addresses. Seattle City Councilmember Cathy Moore is proposing a local 2% capital gains excise tax that would be applicable to non-retirement financial gains over $250,
A proposed capital gains tax in Seattle draws mixed response from tech leaders and city lawmakers
The new proposal comes as the City of Seattle is hashing out its 2025-2026 budget, with Mayor Bruce Harrell calling for $8.3 ...
No Capital Gains On Bitcoin – A Good Idea?
The question of whether Bitcoin and other cryptocurrencies should be subject to capital gains taxation has been bandied about ...
Capital gains tax hikes 'entirely off the table' under President-elect Trump, Republican Congress, economist says
Vice President Kamala Harris proposed higher long-term capital gains tax rates for top earners during the campaign. But ...
How is capital gains tax charged on the sale of financial assets including equity, mutual funds and debt? An explainer
In July this year, the entire capital gains tax rate structure was revamped. From the rate of tax to the exemption limit, the ...
Landowners in JDAs under tax scrutiny for capital gains evasion: Report
The CBDT asked I-T investigation agencies to compile data on properties with Completion or Occupation Certificates for ...
This is Money3d
How capital gains tax works: The rates you pay - and how to cut your bill
Capital gains tax is levied on profits from assets ranging from shares to second homes, buy-to-let properties and personal possessions. The rates for stocks and shares gains were hiked in the ...
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What Is Capital Gains Tax?
Long-term capital gains are taxed lower than short-term if held over a year. State tax laws vary; some states offer breaks on long-term gains. Strategies to reduce taxes include holding stocks ...
Disney gains after the entertainment segment headlines the overall profit improvement
The Walt Disney Company (NYSE:DIS) edged higher in early reaction to the company's FQ4 earnings report. Revenue growth of 6.3 ...