Trump has also teased eliminating taxes on tips, overtime pay, and Social Security payments, as well as exemptions for the military, veterans, and first responders.
If you sell stock that lost and made money in balance like that, then you’re just liquidating your own money. There hasn’t been any profit, so there’s nothing that should be taxed.
If you sell stock that lost and made money in balance like that, then you’re just liquidating your own money. There hasn’t been any profit, so there’s nothing that should be taxed.
True. But it’s also part of a greater strategy to avoid paying taxes.
https://www.investopedia.com/terms/t/taxgainlossharvesting.asp