I had a bunch of stock in 1 ETF held in a personal brokerage account that I bought at various times and various prices. I sold a large volume of it in 2025 all for 1 price. My brokerage (interactive brokers) allows me to select which lots will be used to compute the cost basis when I made the sale, but it seems that they…
How to I report the loss of investment of a company that I had held shares more than 5 years and they became junk and declared bankruptcy. I believe it was bankrupt two years ago and I did not notify that in my return as loss. How do I go about it in my upcoming return for 2024?
My wife and I are retired. In 2025 I would like to sell some stocks but pay minimum income tax. Our SS and pension income is around $50K. Is there a maximum income bracket that would be beneficial for us not to exceed?
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