27 Oct What will I owe in taxes if I sell this bond fund?
Your realized gain equals the difference between the net asset value (NAV) of the shares on the sale date and the cost basis of those shares....
Taxes
26 Oct I emptied my IRA when the stock market crashed. Are there penalties?
The CARES Act eliminated penalties for some early IRA distributions. ...
22 Oct What will this withdrawal mean for the pension exclusion?
If you have more than $100,000 in income, you won't qualify. ...
21 Oct How do I pay taxes on a coronavirus retirement account withdrawal?
Any money taken from a retirement account is taxed as ordinary income. ...
20 Oct We’re selling our home. What will we owe in taxes?
You may be eligible for a capital gains exclusion to reduce your tax liability. ...
19 Oct What taxes are paid when you convert to a Roth IRA?
Converting a traditional IRA to a Roth has long-term positives. ...
16 Oct I didn’t take my RMD. What should I do now?
Forgetting to take a retirement distribution can be a costly mistake. ...
16 Oct What happens with taxes when this married couple sells their home?
There are two tests to pass before you can take the capital gains exclusion....