Stock Market Taxes Explained For Beginners

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  • Опубликовано: 19 июн 2024
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Комментарии • 580

  • @clearvaluetax9382
    @clearvaluetax9382  5 месяцев назад +6

    Join our EXCLUSIVE Investing Community at: ClearValueInvesting.com
    GET 3 FREE STOCKS when you open up a stock account here: a.webull.com/i/ClearValueTax

  • @Trump-rv4nz
    @Trump-rv4nz 6 месяцев назад +374

    I hate taxes

    • @clearvaluetax9382
      @clearvaluetax9382  6 месяцев назад +66

      Thank you for getting here 1st Trump!

    • @jogmas12
      @jogmas12 6 месяцев назад +24

      @@clearvaluetax9382trump 1st 2024. ?????

    • @qdood
      @qdood 6 месяцев назад +1

      🧑‍🎄🍪

    • @Trump-rv4nz
      @Trump-rv4nz 6 месяцев назад +1

      @@clearvaluetax9382 Merry Christmas 🎁🎄

    • @EmazingGuitar
      @EmazingGuitar 6 месяцев назад +5

      Georgia also announced income tax rates will drop every year for 5 years.

  • @BKRandy94
    @BKRandy94 6 месяцев назад +66

    As a tax preparer this was all great info to share with people. Since taxes impact just about everybody (keywords “just about”), I always encourage people to learn the basics for their own benefit!

    • @clearvaluetax9382
      @clearvaluetax9382  5 месяцев назад

      Thank you BK Randy for all the support! I appreciate it so much!

  • @mashort07
    @mashort07 6 месяцев назад +26

    I love when the video thumb is of you smiling. Your channel is the greatest free education I’ve ever gotten.

  • @Theethan2929
    @Theethan2929 6 месяцев назад +53

    I would love to see an advanced tax series about the topics mentioned at the end including tax loss harvesting

  • @DIYPrecisionTool
    @DIYPrecisionTool 6 месяцев назад +24

    Can you please cover Dividends vs Royalties and Qualified vs non Qualified?
    Great content!!!

  • @michaeldew7904
    @michaeldew7904 6 месяцев назад +12

    This may be the best summary I've heard on this topic. Thank you. The one addition I would make would be on the capital gains part. It's not closing COMPLETELY on the position. It's by individual purchase. It may have been awkward to explain, so it's good enough; but only 99% accurate.

    • @clearvaluetax9382
      @clearvaluetax9382  6 месяцев назад +2

      Yes, I didn’t want to confuse people. The 90% of people.

  • @rogerferguson3673
    @rogerferguson3673 6 месяцев назад +35

    Great video, simple explanation of taxes that fits 90 percent of us! 😊

  • @heartthatgirl
    @heartthatgirl 2 месяца назад +1

    I wish I had found your channel years ago but I’m glad I found it now. Thanks for sharing your knowledge, I’ve learned so much from you!

  • @mov309
    @mov309 5 месяцев назад +7

    I think I get smarter every time I watch one of your video.

  • @darrenjohnson9019
    @darrenjohnson9019 6 месяцев назад +11

    The tricky part about long-term gains is if you are adding to your position throughout the year. The full year begins on the day of your last purchase if you want to sell it all after a year. 366 days

    • @Arthur-qi7bo
      @Arthur-qi7bo 6 месяцев назад +2

      Wrong

    • @genxx2724
      @genxx2724 6 месяцев назад +3

      You don’t need to sell it all at the same time. In fact, that’s a risky thing to do. Better to DCA out.

    • @genxx2724
      @genxx2724 6 месяцев назад +4

      The holding period for each share beings on the day you purchased that share. You specify which shares you want to sell, or set it for FIFO - first in; first out. And why would you sell it all at once?

    • @LandCruiser1958
      @LandCruiser1958 5 месяцев назад +2

      If you sell via “lots” you can get around this issue.

  • @shanshanlin3266
    @shanshanlin3266 6 месяцев назад +14

    This is so clear and helpful. Thank you Brian. I always learn so much from your videos. Happy holiday!

    • @clearvaluetax9382
      @clearvaluetax9382  5 месяцев назад

      Thank you for the feedback and support Shanshanlin! I appreciate it so much!

  • @nathanwagester6665
    @nathanwagester6665 6 месяцев назад +21

    Brian thank you! These videos are extremely helpful. Especially since this is the first year I will be doing taxes with a substantial income. Soon it will hopefully be a substantial income as a small business. Anyways Hope you have a great holidays man!

    • @clearvaluetax9382
      @clearvaluetax9382  5 месяцев назад

      I wish you the very best in your small business endeavors Nathan!

  • @acepokemontrainer1
    @acepokemontrainer1 6 месяцев назад +7

    Thank you Brian, appreciate the graphics on screen for an easy to follow format!

    • @clearvaluetax9382
      @clearvaluetax9382  6 месяцев назад +1

      Thank you for the feedback and all the support!

  • @aduncaroo
    @aduncaroo 6 месяцев назад +4

    I’m just here to say I appreciate this channel. Such great content for real people

    • @clearvaluetax9382
      @clearvaluetax9382  5 месяцев назад +1

      That is so kind of you! Thank you for all the support Aduncaroo!

  • @cashflow68
    @cashflow68 6 месяцев назад +2

    Very well presented. Thanks

  • @rodrigojimenez3491
    @rodrigojimenez3491 6 месяцев назад

    Great video man. The visuals helped so much. Gracias my friend.

  • @MrDiomer7
    @MrDiomer7 4 месяца назад

    Thank you for such an easy way of explaining it! Way easier process than I anticipated

  • @eliosnavarro
    @eliosnavarro 6 месяцев назад +3

    Thank you for your videos man this clears up so much and its so easy to understand. 🙏

  • @socho2624
    @socho2624 6 месяцев назад +17

    He makes everything so easy to understand. With pictures, grapes, coloring and lettering, it’s just God send for someone like me who is just beginner in the field. It’s better than anything.
    정말 감사합니다.

    • @clearvaluetax9382
      @clearvaluetax9382  6 месяцев назад +3

      Thank you for the support and kind words Socho!

  • @liveyourbliss808
    @liveyourbliss808 3 месяца назад

    Awesome. Information that I needed! Thank you!

  • @rafaelrivera5007
    @rafaelrivera5007 6 месяцев назад +1

    Very informative content. Appreciate you Brian you’re the best🙏🏽

  • @marvailjennette6350
    @marvailjennette6350 6 месяцев назад +2

    Thanks so much for these videos.

  • @blexaarron
    @blexaarron 6 месяцев назад +1

    This is why your name will be remembered. Thank you Brian and Merry Christmas!

  • @MrDhucky10
    @MrDhucky10 6 месяцев назад +2

    Thank you for this best 16min informational video!

    • @clearvaluetax9382
      @clearvaluetax9382  6 месяцев назад +1

      You're very welcome! And thank you for the support!

  • @Qhhtreikibybrie
    @Qhhtreikibybrie 4 месяца назад +1

    Thank you for this video. I finally understand this topic.

  • @aldoa337
    @aldoa337 6 месяцев назад +3

    I love this type of videos, very well explained and valuable. Thank you

    • @clearvaluetax9382
      @clearvaluetax9382  5 месяцев назад +1

      Thank you for all the support Aldoa! I appreciate it so much!

  • @musclesandcars3350
    @musclesandcars3350 6 месяцев назад +1

    Appreciate your information! 👊🏼

  • @sabrinamartino9922
    @sabrinamartino9922 5 месяцев назад +2

    This was great! Love all the info you put out there Brian

  • @BraveheartPab
    @BraveheartPab 6 месяцев назад

    Thank you so much Sir! Happy Holidays!

  • @crsrag007
    @crsrag007 6 месяцев назад +1

    You put out such useful information. Great work as always 👍

  • @mariannehuston4050
    @mariannehuston4050 5 месяцев назад +1

    Very well explained Brian.....thank you for the simple and clear explanations!!!

    • @clearvaluetax9382
      @clearvaluetax9382  5 месяцев назад

      Thank you for the kind words and feedback Marianne! I appreciate the support so much!

  • @AceYamagucci
    @AceYamagucci 4 месяца назад

    Here I was stressing about my investment taxes, but it really isn't as complicated as I thought. Thank you!!

  • @quietstorm0908
    @quietstorm0908 6 месяцев назад

    Thank you, Brian! 😊

  • @qdood
    @qdood 6 месяцев назад +5

    Merry Christmas to everyone

  • @tb100020161
    @tb100020161 6 месяцев назад +1

    Love this content!! Thank you!!!

  • @billyboy8772
    @billyboy8772 5 месяцев назад +4

    Thanks for being our Tax Professional.

    • @clearvaluetax9382
      @clearvaluetax9382  5 месяцев назад +1

      My pleasure and thank you for the support Billy!

  • @user-sh8tw3jl6h
    @user-sh8tw3jl6h 5 месяцев назад

    Thank you so much for sharing your knowledge and making it very understandable. Would be interested in more advanced info on this subject.

  • @kenanishmael3328
    @kenanishmael3328 4 месяца назад

    Awesome...Thank you. We will be waiting more new videos for Stock Market Taxes..

  • @antboesd6889
    @antboesd6889 3 месяца назад

    This was great for us beginners. So clear and to the point. Thank you so much!

  • @punisher6659
    @punisher6659 6 месяцев назад +2

    Thanks for your content as always.

  • @2cartalkers
    @2cartalkers 6 месяцев назад +1

    You are THE BEST! Keep up the GREAT job.

  • @ChristensenStringStudio
    @ChristensenStringStudio 6 месяцев назад +1

    This is so helpful. Thank you

  • @1bannahpoam
    @1bannahpoam 6 месяцев назад +1

    Bro one of my top 5 teachers on the tube.thank you for all

  • @messiah1295
    @messiah1295 6 месяцев назад +4

    Thank you for this great overview. I want try doing taxes on my own next year so I'll definitely be referencing this alot 😅

  • @jaysonphillips-if2rk
    @jaysonphillips-if2rk 4 месяца назад

    Thanks,you took the guesswork out of my questions,

  • @purrmeowutah5501
    @purrmeowutah5501 5 месяцев назад +3

    Thank you for this clearly explained useful infromation!

  • @Buzzard5
    @Buzzard5 5 месяцев назад +2

    Thanks for explaining this I was not sure when I would be doing anything

  • @robertharrelson5024
    @robertharrelson5024 6 месяцев назад +1

    Thank you for confirming that my understandings are correct.

  • @poopgang96
    @poopgang96 5 месяцев назад

    Thank you so much, we definitely need more informative videos like this

  • @joannafull3727
    @joannafull3727 6 месяцев назад

    Very informative. Thank you Brian.

  • @jsprngralltheway3959
    @jsprngralltheway3959 5 месяцев назад +1

    Awesome video! It was easy to undestand and very informative. Thank you.

  • @jaer5
    @jaer5 5 месяцев назад +3

    Great video. I always love all the visuals,

  • @karolynann4106
    @karolynann4106 Месяц назад

    Great video, just discovered your channel and subscribed after listening to some your stock market videos which explain things very well. Thank you so much!

  • @koltvk9120
    @koltvk9120 5 месяцев назад +1

    Thanks for making this video. It's very informative.

  • @elvisortegaortega3860
    @elvisortegaortega3860 6 месяцев назад

    Thanks for your time amigo Feliz navidad

  • @AdarylJohnson-qt9qn
    @AdarylJohnson-qt9qn 5 месяцев назад +2

    Appreciate your content!👍🏾

  • @marvelousetrader473
    @marvelousetrader473 3 месяца назад

    love it. Great help!

  • @peterlee244
    @peterlee244 6 месяцев назад +3

    Crystal clear , thanks

  • @bridgetb2022
    @bridgetb2022 6 месяцев назад

    Great information. Thank you!

  • @tobintang5792
    @tobintang5792 6 месяцев назад +3

    appreciate the info, thanks!

  • @SouthernContrarian
    @SouthernContrarian 6 месяцев назад +2

    So grateful for this information.

  • @nanshe3x
    @nanshe3x 5 месяцев назад +3

    This was so helpful. Thank you.

    • @clearvaluetax9382
      @clearvaluetax9382  5 месяцев назад +1

      I’m so happy to hear that and thank you for the support!

  • @angryidahobusdriver
    @angryidahobusdriver 4 месяца назад

    Good man’s!! Keep it up fam

  • @amerikayollar9592
    @amerikayollar9592 3 месяца назад

    Thank you Sir. I got all my questions answers 🎉

  • @BobRizz.
    @BobRizz. 5 месяцев назад

    Thanks Brian, this helps alot!

  • @Litterbaux
    @Litterbaux 6 месяцев назад +5

    The one watch out I’ve experienced myself several times. Your tax documents can be amended by your brokerage after initial release. I never do my taxes before March 15th for this reason, I usually do them on April 1st. You’re usually safe by then.

    • @Dahmer_Jeff
      @Dahmer_Jeff 6 месяцев назад

      3/15 is my bday. But taxes can be amended at any time I think up to 3 years later bro

  • @RandomJ2023
    @RandomJ2023 2 месяца назад

    Amazing presentation man. You earned my Sub! Thank you!

  • @taylorcarter707
    @taylorcarter707 5 месяцев назад +1

    Really good video! Clear and concise.

  • @southernbelle6564
    @southernbelle6564 5 месяцев назад +1

    Thank you for your expertise!

  • @jprl2000
    @jprl2000 5 месяцев назад +1

    Wow. Amazing education. Thank you!

  • @stevec9669
    @stevec9669 6 месяцев назад +1

    Very helpful. Thanks much.

  • @daviddishno1226
    @daviddishno1226 5 месяцев назад

    This was an excellent video that you made, " This type of video WILL help me". Thank you for all of you hard work. Don't change the direction of the videos you make! It's not broken, don't fix it!.

  • @crtz1763
    @crtz1763 6 месяцев назад +1

    Thank you, Brian! Love from California 😍

    • @clearvaluetax9382
      @clearvaluetax9382  5 месяцев назад

      Thank you for the CA shoutout! I wish you an excellent day and 2024!

  • @shypuppy1025
    @shypuppy1025 5 месяцев назад +2

    Thank you for this thorough video! Can you explain the tax implications from investing in index funds or ETFs in taxable brokerage accounts please…and ways to reduce taxable gains in those accounts??

  • @richmeier
    @richmeier Месяц назад

    This is the most clarified explanation video I’ve ever seen

  • @rosebloom2518
    @rosebloom2518 6 месяцев назад +2

    Happy Friday Brian!!! Have an awesome day and a fantastic weekend! Happy Holidays!🎄🌟

  • @Neelsworld2022
    @Neelsworld2022 6 месяцев назад

    Excellent excellent excellent. Lots of examples, covered all the scdenerios

  • @DARTHDANSAN
    @DARTHDANSAN 6 месяцев назад +1

    Extremely helpful thanks

  • @darnellw68
    @darnellw68 6 месяцев назад

    Happy Holidays, Brian!!

  • @highbrass3749
    @highbrass3749 6 месяцев назад +1

    This is great info. Thanks.

  • @mnwebsource2286
    @mnwebsource2286 5 месяцев назад +1

    Great video thank you!

  • @cgeraigiri
    @cgeraigiri 6 месяцев назад

    Please do one on trading the futures markets. Thanks for all you do.

  • @lutherl4473
    @lutherl4473 6 месяцев назад +2

    Great video.. thank you

  • @JamesJohnson-bz2zd
    @JamesJohnson-bz2zd 6 месяцев назад +2

    Brian, you’re amazing bro!

  • @cayenne767
    @cayenne767 6 месяцев назад +1

    Thank you! Love your content!
    Do these rules apply to ETF’s?

  • @MidnightToker_98
    @MidnightToker_98 6 месяцев назад +1

    Hi Brian, happy Friday & happy holidays!

  • @hopewalker6298
    @hopewalker6298 4 месяца назад

    Really helpful!

  • @Thunderlo
    @Thunderlo 6 месяцев назад +3

    Can you make video on how dividends are taxed? and how tax would look like if you invest in dividend stock overtime over the year(s) and how the taxes work in those scenarios?

  • @kalyanashok3492
    @kalyanashok3492 6 месяцев назад +4

    Do the profits/losses we need to report for IRS/Taxes also include day trading and options or only stocks? Also, can we claim gains/losses on foreign stock investments like NIFTY/HKSE ?

  • @elliotthall5543
    @elliotthall5543 5 месяцев назад

    Outstanding! Thank you.

  • @jaybrown6174
    @jaybrown6174 5 месяцев назад

    Great video! I go to an accountant to have my taxes done but I still like knowing how they are computed.

  • @jimv77
    @jimv77 6 месяцев назад

    I took your advice and paid little throughout the whole year and started paying my fair share in this last quarter.....taxes....ugh!

  • @dcontreras22
    @dcontreras22 5 месяцев назад +2

    Thank you for this educational video. Regarding dividends, how are they taxed when they're "dripped" back into the stock?

    • @clearvaluetax9382
      @clearvaluetax9382  5 месяцев назад +5

      They’re taxed when they DRIP back. It’s no different than receiving the dividend and you buying more of the stock. It’s a good question but it’s more of a convenience thing than a tax deferral thing.

  • @Kevin-xd1pr
    @Kevin-xd1pr 6 месяцев назад +1

    Thank you for this very informative video! would you please explain IRS treatment of Margin Interest.

  • @geziwi3853
    @geziwi3853 5 месяцев назад

    Your videos are super helpful. Plz keep on demystify the intricacies of trades and stocks;
    Can you please provide us the insightful distinction on
    Option vs future vs Forex exchange vs crypto
    Which one do you recommend for beginners ?

  • @12michaelh
    @12michaelh 3 месяца назад

    Great video. Thank you

  • @SB-jl4nw
    @SB-jl4nw 5 месяцев назад

    Thanks. It was good refresher for me.

  • @TerryCollinsP31Lifestyle
    @TerryCollinsP31Lifestyle 5 месяцев назад +1

    Thank you for this video.

  • @sd7635
    @sd7635 Месяц назад

    Love this!! You are awesome.