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LongArm
Full-time trader, investing enthusiast.
Anyone Use Google Voice Number for Business?
Just wondering if you have had any issues, complaints, regrets...
2 AnswersGoogle8 years agoMargin Interest Deductible In This Situation?
I know margin interest is only deductible up to the amount of net invesment income I've received. Does that mean if I have $10k in short term capital gains and $10k in short term capital losses for a given year--IOW, no overall net gain--that I can't deduct margin interest? Thanks in advance.
2 AnswersUnited States1 decade agoWhen a child is legally old enough to take control of his UGMA money...?
1) Will he have to pay any taxes on that money? (I think the answer is no, but just making sure.)
2) Will that money count against his AGI thereby making it more difficult to open, say, a Roth IRA? (Again, I think the answer is no.)
Thanks in advance.
2 AnswersOther - Taxes1 decade ago