Stock trading could mean a hefty tax bill. What you need to know
Stock trading could mean a hefty tax bill. What you need to know
Investors may be cheering the stock market’s performance over the last year and looking to take a profit from their growing portfolios.
But, doing so could mean they owe Uncle Sam.
The stock market has been on a tear — today’s selloff notwithstanding — since slumping in March 2020 due to coronavirus concerns. On Monday, the S&P 500 doubled its level from the pandemic low, marking the fastest bull…
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