How To Avoid Paying Tax on Capital Gains
When you sell a stock, mutual fund, investment property, or a business, if you have made money on that investment, the IRS is kindly waiting for a piece of that gain in the form of capital gains tax. Capital gains are taxed differently than the ordinary income that you received via your paycheck or pass-through income from your business. Unlike ordinary income, which has a series of tax brackets that range from 10% to 37% in 2022, capital gains income is taxed at a flat rate at the federal level. Most taxpayers are aware of the 15% long term capital gains tax rate but very few know about the 0% capital gains tax rate and how to properly time the sale of your invest to escape having to pay tax on the gain.
Contact Michael Ruger with Questions: 518-477-6686 or mruger@greenbushfinancial.com
Visit our website: https://www.greenbushfinancial.com/
Subscribe to our channel for more financial planning tips: https://www.youtube.com/channel/UC3rnFslpJNXhZOJQWS3EoMA
#capitalgaintax #taxes #financialplanning #greenbushfinancial
Видео How To Avoid Paying Tax on Capital Gains канала Michael Ruger - Greenbush Financial Group
Contact Michael Ruger with Questions: 518-477-6686 or mruger@greenbushfinancial.com
Visit our website: https://www.greenbushfinancial.com/
Subscribe to our channel for more financial planning tips: https://www.youtube.com/channel/UC3rnFslpJNXhZOJQWS3EoMA
#capitalgaintax #taxes #financialplanning #greenbushfinancial
Видео How To Avoid Paying Tax on Capital Gains канала Michael Ruger - Greenbush Financial Group
Показать
Комментарии отсутствуют
Информация о видео
4 февраля 2022 г. 3:02:47
00:08:55
Другие видео канала
3 New 401(k) Startup Tax CreditsCash Balance Plans: $100K to $300K in Pre-tax Contributions Each YearBank Failure Contagion Update: March 24thWhy Roth IRAs Are So Powerful #shorts2022 Market OutlookMedicare Is Projected To Be Insolvent In 2028 #medicare #retirement #medicarecoverageGrandparent Owned 529 Accounts Just Got BetterSBA Issues Guidance On Paying Bonuses To Employees From PPP LoansTop 10: Little-Known Facts About 529 College Savings AccountsFederal Disaster Area 401(k) & IRA Penalty-Free Distributions and LoansShould I Pay Off My Mortgage Early?How Do 401K Loans Work?Fewer 401(k) Plans Will Require A 5500 Audit Starting In 2023The ISM Manufactures Index: Why It's An Important Economic IndicatorSelf-Employment Income In Retirement? Use a Solo(k) Plan To Build WealthIs Your Money Safe At The Bank #shortsMichael Ruger - Greenbush Financial GroupGFG - Employer Sponsored Retirement Plans529 College Savings Tax Deductions4 Things That Elite Millennials Do To Fast Track Their CareersPTET Tax Deduction Explained