Hi, iam Maggie Richmond, Asalam walekum.
Do You Get Taxed Every Time You Sell A Stock?
Generally, any profit you make on the sale of a stock is taxable at either 0%, 15% or 20% if you held the shares for more than a year or at your ordinary tax rate if you held the shares for a year or less. Also, any dividends you receive from a stock are usually taxable.
Tax experts: Now’s the time to sell stocks to claim losses
Ed Slott, president of Ed Slott & Company, and Julie Welch, partner and director of
Stock Market TAX RATES | How to SAVE MONEY at TAX TIME!
Follow my progress as
Stock Market Got You Down? Time to Focus on Fixed Income: Jarvis® Update September 16, 2022
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