IRS - IRSA Inversiones y Representaciones Sociedad Anónima 0 WATCHERS

Trading is just buying dopamine and paying the IRS. Real compounding is boring, but holding garbage stocks to zero is a strategy too.

That's a common worry. Actually it's mandatory for every regulated US brokerage. The government require all financial apps to follow strict KYC (Know Your Customer) and AML (Anti-Money Laundering) rules. They basically need proof you are who you say you are. And your SSN & address are the reliable way …

Sweden: We have three diffrent types of accounts ISK (Investment savings account), KF (Capital insurance) and Aktie- och Fondkonto (Stock- and fundaccount). ISK/KF is taxed once a year and is based the amount of assest + cash on your account and on the government loan intrestrate so it shifts from …

I agree Fidelity of Schwab are better options and stick with Indexed ETFs, not individual stocks. Here’s a few of those that make up most of my Fidelity portfolio: IVV, IWY, FNCMX. It’s normal for them to ask for a social security number. As stated above, it’s needed for KYC …

All financial institutions absolutely will require your SSN and other identifying info. They absolutely require your SSN to do their required reporting of income to the IRS. They are also required to "Know Your Customer" by government regulations. That's what the other identity info is about. Can they be compromised …

Those dollars should not go to the importers, they passed those costs along or made the business decision not to. That money should go to the IRS and be distributed in tax credits to the people.

When selling stocks or funds, the default cost basis that an investment company uses for IRS reporting is FIFO. After selling a bunch of assets, can the investment company actually require you to change FIFO to LIFO within 24-48 hours, or are they required to allow it 'till the end …

$OTH - “Our expanding team of brokerage professionals has already helped countless boat buyers identify qualifying vessels. A buyer who meets the IRS requirements can deduct the entire cost of the boat in year one. This has already boosted demand, and we expect interest to surge even further.” $OTH - …

Off The Hook Yachts Reminds Boat Buyers that the “One Big Beautiful Bill” Reinstated 100% Bonus Depreciation for Boats Bought By January 19, 2026 **Wilmington, NC, Dec. 01, 2025 (GLOBE NEWSWIRE) --** Off The Hook YS Inc. (NYSE: “OTH”, or “Off the Hook Yachts” ), America’s largest buyer and seller …

Sorry to hear about the tough spot you're in. Health and job issues hitting at the same time is rough, especially when you're forced to liquidate investments you planned to hold. Since you mentioned a portfolio around 85k with good gains, have you looked at what your actual tax hit …

Set aside enough to cover potential taxes due or you will be fighting a multiple front war with your life challenges and the IRS simultaneously.

and then the IRS comes.

Sold all my holdings at an enormous lost and now I am going to wait a few weeks until Santa rally ends to buy the top again. The IRS is my bitch.

We’re heading into volatile time. Your techs won’t predict shit cause the big boys need to book their bonuses by Dec 31 but yet they can’t make it look like they’re dumping. IRS wash rule fucks everything up too. Take safe positions and ride out the storm. You won’t be …

If you contributed the IRS max of 23,500 this year it would reduce your taxable income by 23,500. This can place you in a lower tax bracket since your contributions directly reduce your taxable income. I max it out every year and get a big tax savings.

IRS enters the chat...

"Bend over" - IRS

VOO and SPY are technically different enough to not trigger a wash rule according to the IRS, which surprised me

FA here. The amount of immediate, confident, uneducated responses in this sub never ceases to amaze me. If you're retiring in 15 years, I'm betting you're under 59 1/2 years old. If so, liquidating an annuity now would result in a 10% IRS penalty on the gains. Anyone saying annuities …

I spend most of my time gambling and in this subreddit. Do you really think I can focus on something for 49 seconds? Next time, please, **with the last 4 seconds is enough.** The IRS and your accountant will review all your trades. Not me. Have a good day, sir!

Gold and Silver are metal. Unless you have a manufacturing need for metal, that isn't a great purchase. I've worked in the metals industry, and it's great to hedge metals when you need them as raw material inputs. As you as you have started working, even part time, open a …

If the account is a taxable account, then Schwab should be sending a 1099 for any interest, dividends, and capital gains. As soon as you sell a security for a profit you have realized the gain. You would file a Schedule D to record the capital gain and determine the …

Leaving the realized gains in the account doesn't mean you don't pay capital gains taxes. You closed the position with profit and you must pay the capital gains associated with that profit. You might have been lucky nobody contacted you up until now. Maybe because they don't check every single …

You made gains and created a taxable event if you sold it and made profit, doesn't matter if the money stayed in the market or not. Go talk to your tax guy about it or just wait until IRS tells you to pay with penalties. Sometimes they don't audit and …

1. The acquisition in question is OddsHoldings, in which they have purchased at the start of January 2025. The 7.5M increase is accountants adjusting the expected future earn-out payments in the light of new earning numbers coming in after the end of each accounting period. It's not a new acquisition. …

Still working my way up, but there’s already awkwardness with friends. I forgot who said it in an interview, but I thought it was a great answer. The answer they used is, “I’m comfortable and have what I consider is enough.” If pressed for an amount, you flip it to …

Does this mean you still owe money to the IRS for the previous wins, the ones they got you here?

A single member LLC is treated as a pass through entity in the eyes of the IRS. It will literally treat your income the exact same as if you did it in your name. An LLC is honestly not worth it if your goal is to reduce your tax base. …

Save some for the IRS

He sounds like an active trader. Regarding that: “Taxpayers who qualify for and make an IRS Section 475(f) mark-to-market (MTM) election are exempt from the wash sale rules on their trading gains and losses. This election effectively treats gains and losses from the sale of securities as ordinary income and …

Tell your dad not to panic FULL STOP, but do consult a reputable accountant who is familiar with handling disallowed wash sales and mark-to-market status (if he chooses to pursue this) asap. Next, let's make sure you are reading the numbers correctly. If you go to his Schwab acct tab …

I think the thing that is going to pop the ai bubble is going to be when it starts replacing jobs and all of a sudden unemployment skyrockets and causes great depression ii... earnings will go to shit and people will starve, but at least I won't have to wait …

I was doing so well. I have to realize I’ve gone from doing great to somewhat pathetic this year 😭 The profits go to the IRS

Move to a state with no state income tax and trade futures (not prop funded accounts) to take advantage of the IRS Section 1256 rules.

Not weird. Berkshire adding Google is just them doing what they’ve always done: buying dominant money printers at a reasonable valuation. Alphabet is basically a tollbooth on global internet attention with insane FCF and optionality (AI, cloud, YouTube). It fits the modern Buffett playbook. The Gates Foundation selling Microsoft is …