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/biz/ - Business & Finance

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26559884 No.26559884 [Reply] [Original]

Let's say I buy $10,000 worth of a stock and a few short days later it's worth $12,000

I want to withdraw $10k back to FIAT and keep the $2000 worth of stocks 100% free

How much do I owe in taxes? I'd like to make a new account and set aside tax fees from every single trade so there is legit no way I can be surprised at the end of the year and *should* have every last dollar ready to go.

>> No.26560000

Do it inside of a TFSA and pay no tax. I use questrade

>> No.26560039

>>26559884

TFSA. Check your contributions but you should be fine under TFSA.

>> No.26560171

Damn, my TFSA's are already maxed out I do believe

>> No.26561322

>>26559884
that guy is definitely Russian

>> No.26561340

Dem poor american tards always cash out at this time. Income usually happen about six hours from now
Don’t believe this fucking retards who tell that xrp will rise again, trash
Just follow me and my pool on poolz. Use your brains and get profit with nft

>> No.26561793

>>26560000
you should ask Questrade. it'll only take about 10 hours of trying to get through to them.