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Minimizing Your Taxes When Investing

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IN THIS CHAPTER

Seeing how investments are taxed

Considering tax issues when selling an investment

You should pay attention to tax issues when making investing decisions. Actually, let’s rephrase that. Like plenty of other folks, you could ignore or pay half attention to taxes on your investments. Unless you enjoy paying more taxes, however, you should understand and consider tax ramifications when choosing and managing your investments over the years.

Tax considerations alone shouldn’t dictate how and where you invest your money. You should also weigh investment choices, your desire and the necessity to take risk, personal likes and dislikes, and the number of years you plan to hold the investment.

This chapter explains how the different components of investment returns are taxed. You find proven, up-to-date strategies to minimize your investment taxes and maximize your returns. Finally, you discover tax considerations when selling an investment.

Investing All-in-One For Dummies

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