Make a Plan for Realizing Investment Gains
Last Friday, we wrote about the considerations concerning whether to offset previously realized 2012 capital gains with available losses. Our perspective was that, barring an announcement that capital gains rates would rise to 30% or higher, you should use available losses to offset 2012 gains.
Today, let's look at the flip side of the issue: Should you take unrealized gains as taxable profits in 2012? The considerations are whether to pay up sooner at a lower tax rate, as opposed to paying later at a higher rate. ...486 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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