Losses — Resources — 1 Tax Financial

Posts tagged Losses

Capital Gains and Losses

This handout defines what assets are considered capital assets. It also discusses holding periods of assets, basis, and capital gain tax rates.

Planning & Life Issues, Individual Income TaxClare FazackerleyOctober 15, 2018Tax, Capital Gains, Losses, Capital Assets, Mutual Funds, Property, Inheriting

Gambling Log

This handout highlights the tax reporting requirement for taxpayers who have gambling winnings. It also includes a worksheet to track gambling activity.

Individual Income TaxClare FazackerleyOctober 3, 2018Tax, Gambling, Gambling Winnings, Gambling Losses, Losses, Deductions, Worksheet, Gambling Activity

Itemized Deductions - Casualty and Theft Losses

This handout identifies which losses are deductible and which gains are taxable in federally-declared disaster areas.

Individual Income TaxClare FazackerleySeptember 25, 2018Tax, Deductions, Losses, Casualties, Theft, Deductible Losses, Natural Disasters, Disaster Areas, Tornado, Flood, Hurricane, Fire, Insurance, Disaster Relief