View Single Post
Old 02-14-2008, 08:19 AM
  #21  
kronan
Gets Weekends Off
 
kronan's Avatar
 
Joined APC: Nov 2005
Position: 757 Capt
Posts: 2,418
Default

TD-
capital gains and dividends
I only have 2 stocks, Company A & Company B.
I decide to sell, make 10k on one, lose 10k on the other. My losses offset my gains, so, no capital gains tax there....still have to declare and document it on my taxes.

But, Company A paid me 3k in dividends, which I will owe tax on
kronan is offline