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Investment Taxes…What You Need to Know
Manage episode 400524499 series 1281827
Are you ready to understand the ins and outs of investment taxes? It's not just about paying up, it's about keeping more in your pocket!
In today’s episode, I break down the complexities of investment taxes and how they impact your financial future. I discuss the different types of investment income, how they are taxed, and strategies to minimize your tax liability. From dividends to capital gains, I walk you through it all, so you can harness the power of the tax code to build your money machine.
Want to take control of your financial future and keep more of your hard-earned money? Tune in to the full episode now!
IN TODAY’S EPISODE, I DISCUSS:
- Taxation of dividends, including qualified and non-qualified dividends
- The taxation of interest income and its exceptions in federal and municipal bonds
- Understanding capital gains and the influences of short-term and long-term investments
RECOMMENDED EPISODES FOR YOU
If you liked this episode, you'll love these ones:
- Mutual Funds, Index Funds or ETFs, Which is Best?
- How to Actually Make Money Investing
- Q&A - Should I Invest in a Roth or Traditional IRA
- Why HSA Accounts Are So Powerful
TAKE THE FINANCIAL FREEDOM QUIZ:
Take this free quiz to see where you are on the path to financial freedom and what your next steps are to move you to a new financial destiny at http://www.YourFinancialFreedomQuiz.com
OTHER RESOURCES:
7-Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.com
Affluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/
CONNECT WITH ME:
Website: MelAbraham.com
YouTube: MelAbraham.com/tube
Instagram (@melabraham9): MelAbraham.com/ig
Facebook Group: MelAbraham.com/group/
TikTok: https://www.tiktok.com/@melhabraham
GET MY BOOK:
“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” – melabraham.com/book/
Chapters
1. Introduction (00:00:00)
2. Maximize income, don't fear higher tax (00:05:11)
3. Investments are subject to special tax treatment (00:07:44)
4. Explanation of investment income and taxation (00:09:57)
5. Qualified dividends taxed at lower capital gains rates (00:13:08)
6. Municipal bonds: state tax, federal tax exempt, capital gains (00:16:34)
7. Offset losses against gains for tax benefits (00:19:38)
8. Roth IRA growth is tax-free - powerful (00:24:52)
9. Strategically use tax code to minimize taxes (00:26:21)
325 episodes
Manage episode 400524499 series 1281827
Are you ready to understand the ins and outs of investment taxes? It's not just about paying up, it's about keeping more in your pocket!
In today’s episode, I break down the complexities of investment taxes and how they impact your financial future. I discuss the different types of investment income, how they are taxed, and strategies to minimize your tax liability. From dividends to capital gains, I walk you through it all, so you can harness the power of the tax code to build your money machine.
Want to take control of your financial future and keep more of your hard-earned money? Tune in to the full episode now!
IN TODAY’S EPISODE, I DISCUSS:
- Taxation of dividends, including qualified and non-qualified dividends
- The taxation of interest income and its exceptions in federal and municipal bonds
- Understanding capital gains and the influences of short-term and long-term investments
RECOMMENDED EPISODES FOR YOU
If you liked this episode, you'll love these ones:
- Mutual Funds, Index Funds or ETFs, Which is Best?
- How to Actually Make Money Investing
- Q&A - Should I Invest in a Roth or Traditional IRA
- Why HSA Accounts Are So Powerful
TAKE THE FINANCIAL FREEDOM QUIZ:
Take this free quiz to see where you are on the path to financial freedom and what your next steps are to move you to a new financial destiny at http://www.YourFinancialFreedomQuiz.com
OTHER RESOURCES:
7-Day Money Plan Workshop: https://www.TheMoneyPlanWorkshop.com
Affluent Entrepreneurs Private Facebook Group https://www.melabraham.com/group/
CONNECT WITH ME:
Website: MelAbraham.com
YouTube: MelAbraham.com/tube
Instagram (@melabraham9): MelAbraham.com/ig
Facebook Group: MelAbraham.com/group/
TikTok: https://www.tiktok.com/@melhabraham
GET MY BOOK:
“The Entrepreneur's Solution The Modern Millionaire's Path to More Profit, Fans, & Freedom” – melabraham.com/book/
Chapters
1. Introduction (00:00:00)
2. Maximize income, don't fear higher tax (00:05:11)
3. Investments are subject to special tax treatment (00:07:44)
4. Explanation of investment income and taxation (00:09:57)
5. Qualified dividends taxed at lower capital gains rates (00:13:08)
6. Municipal bonds: state tax, federal tax exempt, capital gains (00:16:34)
7. Offset losses against gains for tax benefits (00:19:38)
8. Roth IRA growth is tax-free - powerful (00:24:52)
9. Strategically use tax code to minimize taxes (00:26:21)
325 episodes
All episodes
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