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Post by aaplsauce on Dec 28, 2021 22:52:51 GMT -8
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,438
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Post by chinacat on Dec 29, 2021 7:00:46 GMT -8
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Post by osx10 on Dec 29, 2021 7:20:53 GMT -8
Today is the last day to sell a stock for 2021 tax purposes, correct?
Assuming settlement also has to occur in 2021.
Since the US government is sure to be raising taxes next year, I would not be surprised to see people coloring up their AAPL chips and walking away from the table with all their gains.
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Post by artman1033 on Dec 29, 2021 11:26:37 GMT -8
Today is the lasPt day to sell a stock for 2021 tax purposes, correct? Assuming settlement also has to occur in 2021. Since the US government is sure to be raising taxes next year, I would not be surprised to see people coloring up their AAPL chips and walking away from the table with all their gains. Please consult your broker!I found this: Trade date controls When determining what year you sold your stock, the trade date is what matters. This is the day the transaction took place on the stock exchange. If you contact your broker on the last trading day of the year, you can complete a sale in the current year if your broker executes the trade that day. On major exchanges, the last trading day is December 31 unless that day falls on a weekend. It doesn’t matter if your transactions settles in the following year. fairmark.com/investment-taxation/capital-gain/stock-sales/last-day-to-sell/
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Post by duckpins on Dec 29, 2021 12:04:07 GMT -8
The journey to 1 trillion long, 3 short. 5 next major milestone. Best to all and good luck. Still can't believe China is going down and down. At some pain this is the buy of the year. What happened to Jon Stewart on ATV?
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Post by duckpins on Dec 29, 2021 12:17:43 GMT -8
May be of some interest. At the high now Apple is not oversold, but last time at this level it was. Could be a good sign.
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Post by hledgard on Dec 29, 2021 14:13:43 GMT -8
Thanks Artman. Did not know this.
"Knowledge helps people"
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JDSoCal
Member
Aspiring oligarch
Posts: 4,241
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Post by JDSoCal on Dec 29, 2021 14:54:51 GMT -8
Today is the last day to sell a stock for 2021 tax purposes, correct? Assuming settlement also has to occur in 2021. Since the US government is sure to be raising taxes next year, I would not be surprised to see people coloring up their AAPL chips and walking away from the table with all their gains. A good reason why we might not see a Santa rally going into the weekend... Wealthy millennial investors plan to sell stocks in 2022. Here’s why
Dems are finding it's very hard to change tax law - or any laws - when you don't have an electoral mandate. Effectively tied Senate and like a 6 seat majority in the House. Adding to the gridlock is the nakedly hypocritical attempt by rich blue staters to repeal the SALT tax cap. Can't make this $#!t up.
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Post by Luckychoices on Dec 29, 2021 21:28:14 GMT -8
Today is the last day to sell a stock for 2021 tax purposes, correct? Assuming settlement also has to occur in 2021. Since the US government is sure to be raising taxes next year, I would not be surprised to see people coloring up their AAPL chips and walking away from the table with all their gains. A good reason why we might not see a Santa rally going into the weekend... Wealthy millennial investors plan to sell stocks in 2022. Here’s whyDems are finding it's very hard to change tax law - or any laws - when you don't have an electoral mandate. Effectively tied Senate and like a 6 seat majority in the House. Adding to the gridlock is the nakedly hypocritical attempt by rich blue staters to repeal the SALT tax cap. Can't make this $#!t up.
A good reason why we might not see a Santa rally going into the weekend... Wealthy millennial investors plan to sell stocks in 2022. Here’s whyDems are finding it's very hard to change tax law - or any laws - when you don't have an electoral mandate. Effectively tied Senate and like a 6 seat majority in the House. Adding to the gridlock is the nakedly hypocritical attempt by rich blue staters to repeal the SALT tax cap. Can't make this $#!t up.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Dec 30, 2021 3:30:30 GMT -8
Wealthy millennial investors plan to sell stocks in 2022. Here’s why
Dems are finding it's very hard to change tax law - or any laws - when you don't have an electoral mandate. Effectively tied Senate and like a 6 seat majority in the House. Adding to the gridlock is the nakedly hypocritical attempt by rich blue staters to repeal the SALT tax cap. Can't make this $#!t up.
Thank you JdSoCal for posting this useful information. Well done.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,241
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Post by JDSoCal on Dec 30, 2021 9:42:54 GMT -8
A good reason why we might not see a Santa rally going into the weekend... Wealthy millennial investors plan to sell stocks in 2022. Here’s whyDems are finding it's very hard to change tax law - or any laws - when you don't have an electoral mandate. Effectively tied Senate and like a 6 seat majority in the House. Adding to the gridlock is the nakedly hypocritical attempt by rich blue staters to repeal the SALT tax cap. Can't make this $#!t up.
A good reason why we might not see a Santa rally going into the weekend... Wealthy millennial investors plan to sell stocks in 2022. Here’s whyDems are finding it's very hard to change tax law - or any laws - when you don't have an electoral mandate. Effectively tied Senate and like a 6 seat majority in the House. Adding to the gridlock is the nakedly hypocritical attempt by rich blue staters to repeal the SALT tax cap. Can't make this $#!t up. Yes because we know there is no such thing as a slippery slope when it comes to taxes. Just look at the AMT. If you think that wealth tax, if passed, will be forever limited to billionaires, I have some meme stocks I'd like to sell you.
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