#capital-gains
Track and report capital gains from investments
In a low-income year, long-term gains are taxed at 0% Federal rate up to $98,900 joint — sell, rebuy immediately, and reset basis before December 31.
IRS Rev. Proc. 2008-16 lets a vacation home qualify for a 1031 exchange: rent it 14+ days a year at fair rent and cap personal use, 24 months before and after.
Earnouts pay out about 21 cents per promised dollar. Buyers book them at fair value under ASC 805; sellers report under IRS installment rules.
Buying a mutual fund before its December record date hands you IRS tax on a full year of gains you never earned — wait until after the ex-dividend date.
Buyers must withhold 15% of your gross U.S. sale price under FIRPTA. File IRS Form 8288-B before closing to cut it, or claim the excess on Form 1040-NR.
Stock that became totally worthless is deemed sold Dec. 31 under IRS Section 165(g) — report $0 proceeds on Form 8949 and amend up to 7 years back.
Section 121 won't shield home-office depreciation: the IRS taxes it as unrecaptured Section 1250 gain at up to 25%, even if you never claimed it.
Federal 2027 tax brackets and standard deduction are projected 3.2% higher ($33,200 joint). Here's how to adjust W-4 withholding and estimates now.
Under IRS Section 469(g), a fully taxable sale of your entire rental to an unrelated buyer frees every suspended passive loss against wages and other income.
A US investment club is a partnership from the first deposit — Form 1065 is due March 15 every year, and filing late costs $255 per partner per month.
A tender offer's ISO disqualifying-disposition income lands on your W-2 with no federal withholding — plan US estimated taxes before the window closes.
Lump-sum investing beat 12-month dollar-cost averaging about two-thirds of the time — but set aside the US capital gains reserve before deploying a dollar.
