There is no such animal as a short term capital gain or loss... When you hold the stock for a year or more it is treated as capital and the tax rate on your realized gains is (currently) 15%. If you sell out and had held for less than a year, your gain or loss is netted together with other ordinary income such as the pay you get from a regular job, and is subject to the same tax rates as for your regular paycheck.
debit cash 9000debit tax 1000credit interest income 10000
10000
rs 10000
2008
1000/- to 10000/-
The net income for this company can be calculated by subtracting the total expenses from the total revenues. In this case, the net income would be 200,000 - 190,000 = 10,000.
No
It's usually very low, around 2000-10000 income
No. Income averaging was removed from the Tax Code in 1986, except for farmers.
Yes and you could have a federal income tax liability when you complete your income tax return correctly.
10000 is wrong i am a kid
10000 Billion BC