Back to Capital Gains Tax
QUESTION DETAIL
Related User
Votes
Are short term capital gains (stocks sold for a profit prior to the one-year holding period) considered income in regards to the social security cap on income for those who claim benefits prior to full retirement age?
ANSWER
The BIDaWIZ Team's Answer:
Are you referring to the amount of social security benefits that may be taxable? If so, the answer is that capital gains and other sources of unearned income are included in the tax calculation as per IRC Section 86 and IRS Publication 915.
References: IRC Section 86 and IRS Publication 915
Get Expert answers to your tax and finance questions.
Tax Deductions
Will A Roth IRA Conversion Trigger Self Emplolyment Tax?
My Employer Just Said That My 2008 W-2 Form Is Wrong!
More Dollars Going To New York Sales Tax.
