10 midyear tax planning moves
ThomsonReuters
JULY 7, 2022
Gains from the sale of an investment held for more than one year (as well as dividends on certain stocks) are generally taxed at preferential capital gains rates. Dividends from any gifted stock also may qualify for the lower rate. Basis in virtual currency is the Fair Market Value (FMV) of the currency on the date it is received.
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