Capital Gains - Putting it all Together on a Schedule D

  Рет қаралды 16,664

The Tax Geek

The Tax Geek

Күн бұрын

Пікірлер: 9
@nefertitei12
@nefertitei12 2 жыл бұрын
very informative... I was terrified of this document. Thank you sir... new subscriber!
@TheTaxGeek
@TheTaxGeek 2 жыл бұрын
Thanks! and Welcome! The whole concept of reporting capital gains can be intimidating, and it's going to involve more people with things like Robinhood and cryptocurrency.
@Team8LA
@Team8LA 2 жыл бұрын
Thank you! Can you please show the flow from small business to the tax forms? Say, if I work for Toyota lease cars, how do Toyota report income? How the business who leased the car report expense? TIA!
@TheTaxGeek
@TheTaxGeek 2 жыл бұрын
To get a general view of how business taxes work, you might want to check out this video: kzbin.info/www/bejne/i3TWdHyurqqfmac The resources in that video's description can also be very helpful in that regard.
@GTZ_TV
@GTZ_TV Жыл бұрын
Very Helpful. Thank you!
@whoshotya117
@whoshotya117 Жыл бұрын
Can I just mail the IRS my 1099 B instead of sending an 8948 and Schedule D? Or Maybe a Schedule D in combination with the 1099 B? I have too many transactions for the 8949 form.
@TheTaxGeek
@TheTaxGeek Жыл бұрын
If all your transactions involve "covered" securities (transaction types "A" or "D"), you can put the total of the short- and long-term transactions directly on the Schedule D. The IRS already has the detailed information on the transactions. If you have "non-covered transactions" (types "B," or "E), you can put the totals on an 8949 and put "M" (for "multiple transactions") in the adjustment column (f) and send the brokerage statement to the IRS. For a paper filed return, the statement is sent with the return. For an e-filed return, the brokerage statement is mailed separately with Form 8453, or attached to the return as a PDF.
@dennisnolan5095
@dennisnolan5095 6 ай бұрын
Gotta love BiggFatt Brokerage!
Capital Losses and how they affect your taxes.
6:33
The Tax Geek
Рет қаралды 21 М.
What is a Capital Gain? (and how are they taxed?)
7:38
The Tax Geek
Рет қаралды 7 М.
99.9% IMPOSSIBLE
00:24
STORROR
Рет қаралды 29 МЛН
Support each other🤝
00:31
ISSEI / いっせい
Рет қаралды 73 МЛН
IL'HAN - Qalqam | Official Music Video
03:17
Ilhan Ihsanov
Рет қаралды 415 М.
Qualified Dividend and Capital Gains Tax Worksheet?
11:29
Jason D. Knott
Рет қаралды 25 М.
Taxes for Landlords 4:  Putting it all together on a Schedule E.
7:33
IRS Schedule D Walkthrough (Capital Gains and Losses)
32:16
Teach Me! Personal Finance
Рет қаралды 18 М.
Don’t Make THESE MISTAKES Selling Investments! | Capital Gains Offsetting
10:47
Safeguard Wealth Management
Рет қаралды 45 М.
How to Fill Out Schedule D
9:36
Holy Schmidt!
Рет қаралды 43 М.
Don't Make These Mistakes! Taxes for Day Traders
16:12
Ross Cameron - Warrior Trading
Рет қаралды 106 М.
Can Capital Gains Push Me Into a Higher Tax Bracket?
9:23
James Conole, CFP®
Рет қаралды 84 М.
IRS Schedule A walkthrough (Itemized Deductions)
18:49
Teach Me! Personal Finance
Рет қаралды 10 М.