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i will give you 10 points if you ansewer correctly

2006-09-26 12:07:08 · 3 answers · asked by Anonymous in Education & Reference Trivia

3 answers

1. owning stock allows you to vote for members on the board of directors

2. shareholders may be entitled to dividends, which are taxed as normal income

3. gains from the sales of stock are taxed as normal income

4. you can deduct a maximum of $3,000 in losses from the sales of stock each year according to the IRS

5. you can buy/sell via market, stop and limit orders

2006-09-26 12:26:15 · answer #1 · answered by loveholio 5 · 0 0

1. Your loss is limited to amount you invested.
2. You get to vote in corporate matters, like electing the board of directors.
3. You are eligible for dividends, which are taxed at either your marginal rate or a lower rate if the dividends are qualified.
4. Profits from the sale of stock are taxed as either short-term capital gains or long-term capital gains, depending on the holding period.
5. Losses from stock offset other capital gains, and can be used to offset up to $3,000 of ordinary income if they exceed capital gains. Unused capital losses can be carried over to future years.

2006-09-26 12:31:19 · answer #2 · answered by Jim H 3 · 0 0

sounds more like homework than trivia to me.

2006-09-26 12:10:20 · answer #3 · answered by JustaThought 3 · 0 0

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