Stock Ati



Stock Ati
WHat do i have to pay for my stock activity?

THIs is what happen: i opened up an account and bought verizon and 2 mutual funds, each for 46, and spend 50 on verizon, and 50 for ATI.

I sold of the mutual funds in 2 weeks and paid 16 for commission for each of the funds. I bought for even thought i bought at 48, and sold at 46, i made a loss, so what taxes do i have to pay, what forms, etc… if i sold the stock and didnt make a profit? WHAt about if i did make a profit. ?
i sold at a lossin 2 weeks

Report your loss on schedule D. You can subtract the loss, up to $3000 from your regular income if you are married. If not the amount is somewhat less, $1500, I believe.

Ruger Mini-30 ATI Strikeforce Stock