Is there a way to pay less or not tax on a gain from a stock?

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Is there a way to pay less or not tax on a gain from a stock?

I heard there is a way, im not sure if its buy trading, or some law...

How do you trade stocks?

2007-09-08 18:29:01 · 2 answers · asked by Anonymous in Business & Finance ➔ Investing

2 answers

Money received in the form of dividends is treated more favorably with regard to taxes. Id Est, you pay a lower tax rate on money given to you as a dividend.

2007-09-08 19:05:33 · answer #1 · answered by Anonymous · 0⤊ 0⤋

If stocks are in a sheltered retirement account, then you don't pay tax on sales of stock.

If you donate an appreciated stock to a 501(c)3 charity, you won't pay tax on the gain.

2007-09-09 01:48:38 · answer #2 · answered by Judy 7 · 0⤊ 0⤋