John Battaglia
John Battaglia
John David Battagliais a convicted murderer on Texas death row...
owe price stock taxes value
If the price of the stock drops, you could owe more in taxes than the value of the stock.
carry february forward greater held longer loss net next position stock turn until wait
Say you have this stock that has a $10,000 short-term loss and you're in a position where you already have a net loss for greater than $3,000. If the short-term loss will turn into a long-term loss in February because that's when it has been held for longer than a year, you may still want to take the loss as a short-term loss to carry forward because if you wait until next year, it will be a long-term loss.
against amount borrow full home interest loan matter pay spend vacation
It doesn't matter what you spend that loan on. You can go out and borrow $100,000 against your home, spend it on anything, even a vacation - and you can deduct the full amount of interest you pay on that loan.
both cost filing pay people taxes
If both people make $300,000, they'll pay more than $18,000 in taxes by filing jointly. That's about the cost of the wedding.
copies relevant return returns six tax themselves until
Anything that's relevant to your tax return I would keep until six years after you file, and I would keep copies of the tax returns themselves as long as possible.
based income interest pay penalties
They'll end up having to pay interest and penalties based on that income which they should have reported.
pay somebody
In the end somebody is going to have pay more tax.
giving government
If you're getting a significant refund, you're probably withholding too much and you're giving the government an interest-free loan.