Tax paymentsPosts and articles about Tax paymentsCommunityWhat are your experiences filing your taxes with WealthSimple?I tried to file taxes on WealthSimple. I sat down with all my paperwork and followed all the prompts. I also made an appointment with HR Block, just in case. ...CommunityDo you pay taxes on profits from day trading?Hey guys, I've got a ton of stock trading tax-related questions. Do you pay tax on day trading profits? If so, how much do you get taxed for day trading, and h...AnswersAndrew MoranHow Do I Pay For Taxes for My Profits on Etoro in the UK?So, you made profits on your Tesla trade, you made some money from your bet on Shiba Inu, and your "set-it-and-forget-it" strategy for an index fund paid off. Y...CommunityReal Estate Investment Trusts: Do I have to pay taxes on dividends?I’m trying to build a dividend portfolio. I’m wondering if anyone can explain to me whether or not we have to pay taxes on dividends from stocks (like coca-cola...CommunityDo I have to file for tax if I use Acorns?Do you have to file taxes if you have stocks?CommunityIs it worth using Robo Advisor?Hi, I'm relatively new to investing/retirement saving. I currently have my 401k/403b/ROTH IRA all through Fidelity. I also have brokerage accounts with TD Amer...CommunityDo I fill out a W-8BEN form if I want to trade stocks in the US?Hi, I want to trade US stocks because they look like they could be rather lucrative. However, I'm a foreigner and live in South Africa. Someone told me that if ...CommunityAre dividend payouts taxed twice?When a company you have invested in pays out dividends to their shareholders, does the government tax you twice? If so, why? Is there a way to avoid double ta...CommunityDo I have to pay tax on Forex trades?Hi, I'm a newbie. I've never really had much to do with taxes before, so any guidance would be fantastic. I have the following questions: Do I have to pay t...CommunityDo I have to pay taxes on dividends if I reinvest them?Hi, I'm contemplating whether I would still pay taxes if I reinvest my profit from dividends. Do any of you know any tips and tricks on how to avoid capital gai...CommunityWhat are the tax requirements for holding and profiting from an MLP stock?I got Master Limited Partnership this year, and it pays good dividends, but I did not know about its tax requirement. Can you expand on it a little bit? How d...CommunityDo eToro profits and gains need to be registered for tax?Hi all, I'm from the UK here. Do the profits and gains from eToro need to be registered on self-assessment for tax purposes? Even though, technically, you don...AnswersAndrew MoranAre RESP Withdrawals Taxable?First, it is important to note that you have up to 35 years after the account was created, so there is no rush to either withdraw the money or shut the RESP dow...CommunityHow can I avoid gains taxes?I know that there are some techniques one can use to lessen, or possibly negate, the amount of taxes one builds up. What are your best tactics to avoiding gai...CommunityWhy do I owe underpaid taxes even though there have been no changes in filing status, deductions, capital gains, or withholdings?Why do I owe 6k underpaid taxes? I only got 69k hazard pay due to working a lot of overtime In 2019 I made about 75k. In 2020 I made about 144k. Same job, same...CommunityAre there less expensive alternatives to paying taxes with TurboTax?Who are you using for taxes this year? I generally do my own taxes through TurboTax, but they want $150 for the federal and state. I'm looking out to see if t...CommunityWhen Exactly Is The Capital Gains Tax Rate For An Options Contract Applied?If I hold a 2-year options contract for 366 days before selling it, will it be classified and taxed as a long-term or short-term capital gains tax rate?
