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Capital Gains Tax

Understanding S Corp Taxes

[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/01/corp.mp4"][/video]   S Corps taxes have some of the most unique tax advantages available to small businesses and their shareholders. In short,…


Do Minors Have To Pay Taxes?

[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Minors_and_Tax_Filing_Explained.mp4"][/video]   This should come as no surprise to anyone, but the IRS sees little difference between minors and adults when it…


Short-Term Capital Gains Tax: A Quick Guide

[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2021/12/Understanding_Short-Term_Capital_Gains.mp4"][/video] A Quick Guide To The Short-Term Capital Gains Tax Capital gains taxes apply in different ways to different types of profits…


Reporting your Child’s Capital Gains and Dividends on Your Taxes: Form 8814

Little Timmy's investments actually paid off? Congrats! Here's how to put your kiddo's income on your joint tax return. Are you the custodial parent of…


2024 Tax Brackets And Deductions: A Complete Guide

[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2023/12/2025-tax-brackets.mp4"][/video] With the amount of tools and other forms of assistance available to taxpayers, you’d be surprised at how little you have…


Explain Form 2439: When Undistributed Long-Term Capital Gains Are Good News for Shareholders

Every 1099-DIV means you owe some new taxes. Well, this is the opposite. If you sell an asset you've held for a year or two,…


Qualified Dividends vs. Nonqualified Dividends: How Are They Taxed?

[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/qualified-nonqualified-dividends.mp4"][/video] It's a battle! Qualified vs nonqualified dividends. If you're looking for the thrill of the day trader, expect a bit of…


Do Capital Gains Count as Income When I’m Doing My Taxes?

Gains, income, gravy train - it's all the same, isn't it? Not to Uncle Sam. Capital gains do count as income for tax purposes. Getting…