« previous next »
Pages: 1

Author Topic: Capital Gains Taxes -- do we have until April to sell?  (Read 1963 times)

TheMoviegoer

  • 5 O'Clock Shadow
  • *
  • Posts: 4
Capital Gains Taxes -- do we have until April to sell?
« on: January 28, 2014, 11:51:29 AM »
We can contribute to an IRA until April to have it count for the previous year. Can we do the same thing with sales of stocks? As in, can I sell off my portfolio now and report the gains for last year (when my income tax rate was 15% and my long term capital gains were 0%)?
Logged

foobar

  • Pencil Stache
  • ****
  • Posts: 731
Re: Capital Gains Taxes -- do we have until April to sell?
« Reply #1 on: January 28, 2014, 12:17:41 PM »
No.

Quote from: TheMoviegoer on January 28, 2014, 11:51:29 AM
We can contribute to an IRA until April to have it count for the previous year. Can we do the same thing with sales of stocks? As in, can I sell off my portfolio now and report the gains for last year (when my income tax rate was 15% and my long term capital gains were 0%)?
Logged

TheMoviegoer

  • 5 O'Clock Shadow
  • *
  • Posts: 4
Re: Capital Gains Taxes -- do we have until April to sell?
« Reply #2 on: January 28, 2014, 01:08:52 PM »
Thanks! Should've sold while I realized I would be the 0% long term gains bracket.
Logged
Pages: 1
« previous next »
 

Wow, a phone plan for fifteen bucks!