The wash sale rule applies when substantially identical securities are sold and re-purchased within 30 days. For ETFs, the underlying assets held by the fund wo...
If you have a capital loss, up to 3,000 will applies against other income in the current year.
For example:
100,000 in wage income (W-2)
500 in interest inco...
When your annual tax return is prepared, all capital gains/losses from all sources will be consolidated together on Schedule D, attached to your form 1040. All ...
The Investment Interest Expense Deduction is what you appear to be describing. Generally, interest incurred on loans used to acquire property held for investmen...
The tax treatment of the account depends on the type of account.If it is a 529 investment account, distributions are generally tax-free if used for qualified ed...
