How's it going everybody? I hope you're all having a lovely day. It is time, ladies and gentlemen, to talk about investments and taxes in the same video. As we discuss the rules for capital gains, how your dividends are taxed, as well as your stock sales are taxed. In this video, I'm gonna be covering specifically more along the lines of financial instruments like stocks, bonds, etc. I'm not gonna be covering the taxation on the sale of collectibles or real property, such as real estate. I'm specifically focusing on dividends and stocks for this video. I've gotten a ton of requests for this video, and I've been wanting to do it for a long time, so I finally was able to get around to producing it. Now, as we go through this video, you're gonna see a handout on screen. And the handout, the word document you're seeing, is completely free to download. You're gonna find a link to it in the comment section below and in the description section of this video. First, let's talk about why I think you should be excited about capital gains. So when you think of taxable income and you think about tax efficient income, capital gains is pretty high on the list. If you think about it, the most favorable income for income taxes is tax exempt, right? A good example of that would be muni bonds, where you receive tax exempt interest. But other than tax exempt income, which are very, very few sources of tax exempt income, the next best is income that is taxed at capital gain rate. So capital gain income is huge for your taxes. You can save a tremendous amount of money in taxes by structuring your income to be more capital gain focused. Oh,...
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Video instructions and help with filling out and completing Who Form 3520 Taxed
