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To encourage you to invest, Congress lets you deduct many of the expenses involved. Browse through this list to see what you may be able to deduct.
Expenses You Can Deduct
Legal fees: If you sought legal advice regarding your investments, you can deduct those fees. If th
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If you're an active stock trader, you need make extra efforts to make sure that you’re not paying more in taxes than you have to. Here are four ways to make sure your investments don’t become a huge tax liability.
If you pay attention to your paperwork, make the right...
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How can I invest so I don't pay a lot of taxes on capital gains, and get a break for my losses?
If you want to boost your investment returns but are wary since the dot-com crash, consider investing with an eye towards your taxes. Tax-smart investing can net you big...
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I have a loss on some stocks. Can I get a tax break if I sell them off?
If you have lost some money in stocks or mutual funds this year, you can turn your losses into a tax break— if you sell your losing stocks or mutual funds before December 31.
You’ll lose money on...
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I'm thinking of selling some shares in my mutual fund. Anything I should watch out for, tax-wise?
Want to cash in your shares so you can buy a new sailboat or add a room to your house?
Here are some tips:
1. From the time you purchase a mutual fund, keep all of...
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If you invest in small business stocks, be sure you understand the tax laws affecting you, whether you earn or lose money on your investment.
It's not often that the IRS gives tax breaks that benefit you whether you make money or lose it. But such is the case with small...
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