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Jan 26, 2021
4:35:09pm

Zaphod Don’t Panic

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This message has been modified

Originally posted on Jan 26, 2021 at 4:35:09pm

Message modified by Zaphod on Jan 28, 2021 at 11:01:32am

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Zaphod

Previous username: Fetch
Bio page: Zaphod
Joined: Jul 9, 2002
Last login: Jun 20, 2024
Total posts: 48,465 (4,960 FO)

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Messages

Author

Time

CB investment wizards when they realize the tax rate on their short-term gains..

Zaphod

1/26/21 4:27pm

And when they remember they traded in their IRA account.

ebv

1/26/21 4:28pm

RE: And when they remember they traded in their IRA account.

Tonto

1/26/21 4:57pm

RE: And when they remember they traded in their IRA account.

ebv

1/26/21 5:07pm

What is the tax rate on short-term gains... same as ordinary income right?

Bergloewe

1/26/21 4:28pm

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Zaphod

1/26/21 4:29pm

Definitely. My brokerage account gains I essentially half for reality.

CSoul

1/26/21 4:31pm

But no SS tax since it’s not earned income, right?

Iman23

1/26/21 4:33pm

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Zaphod

1/26/21 4:35pm

Is that better or worse than writing off losses?

byubyu

1/26/21 4:34pm

IRA

zonacougar

1/26/21 4:39pm

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Zaphod

1/26/21 4:46pm

Not if you have huge capital loss carryover to offset...who's the dummy now?

NOCAL_YFAN

1/26/21 4:58pm

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