#capital

Purchased a truck with Capital One, no account setup paperwork

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Purchased a truck with Capital One, no account setup paperwork I purchased a newer used truck from a local dealer one week ago. Not cheap. Approved through capital one, and loan was taken out. But I did not even get so much as a welcome email. Is this normal? When I purchased my Volkswagen on a loan, I was able to set up my loan payment account and autopay the next day. Any info is much appreciated subm…

Reddit Personal Finance 1.2k 2025-02-25

$70K Tax Capital Loss

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$70K Tax Capital Loss Hi everyone – I have accumulated ~$70K worth of capital losses through a tax managed account and from the market drawdown in 2022. My question to you is how do you recommend I use my tax losses? What I have done for last two tax years is use the $3K deduction towards my income but wonder if I should be putting the rest of the loss to use by sell…

Reddit Personal Finance 533 2025-02-18

federal income tax and short term capital gain tax

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federal income tax and short term capital gain tax So if I made 3mil from day trading crypto with nearly 0 investment in the past 5 months. Do I have to pay both federal income tax and short term capital gain tax combine, 37% on federal and another 37% on short term capital on top? I don’t have any income before this submitted by /u/ParticularFeeling672

Reddit Personal Finance 1.0k 2025-02-17

In nation’s capital, Trump’s cuts and funding freezes spur pastoral-care crisis

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In nation’s capital, Trump’s cuts and funding freezes spur pastoral-care crisis (RNS) — ‘To have more than half your congregation receive notices to resign or face the risk of losing a job, is a super, super big deal,’ said DC-area evangelical pastor Bishop Derek Grier. The post In nation’s capital, Trump’s cuts and funding freezes spur pastoral-care crisis appeared first on RNS.

Religion News Service 961 2025-02-14

ESPP – sell after it qualifies as capital gain or hold?

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ESPP – sell after it qualifies as capital gain or hold? The company I work for’s parent company gives us an ESPP. Later this year, I will hit 2 years since the grant date and would qualify for selling that stock and being taxed as a capital gain. However, the stock performs pretty well, 1 year pre-tax return says 46%. Our parent company is large and mature as well. My plan was always to hold until it…

Reddit Personal Finance 546 2025-02-14

Can/should I wait and pay taxes on capital gains in my scenario?

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Can/should I wait and pay taxes on capital gains in my scenario? To keep things simple, let’s say my 2024 AGI was $100K and I anticipate my 2025 AGI to be $100K. Then in January 2025 I sold stock worth $500K and would owe 15% for Federal and 5% for state. Rather than immediately paying the $75K (Fed) and $25K (State), can I put the $100K into a CD (or some other stable/low risk account) and make some gains un…

Reddit Personal Finance 783 2025-02-07

trying to start an ecommerce but all my capital is 300$

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trying to start an ecommerce but all my capital is 300$ Im trying to start an ecommerce and i know i cant get rich in a single day especially with the low capital i have, but i just want to know if its possible and maybe some tips for a beginner to optimize my money as best as i can and eventually make some money on the side while i study submitted by /u/aweirdassotaku

Reddit ecommerce 898 2025-02-05

Withdraw 50k and avoid capital gains tax?

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Withdraw 50k and avoid capital gains tax? I am a 26 year old grad student. I have been investing for the past 9 years and I have 50k in a variety of ETFs. Should I withdraw all 50k in calendar year 2025 and immediately reinvest to harvest capital gains tax free? As a grad student, my income will be less than 44k even WITH the 20k I’ll earn in total market gain. I guess I’m assuming that…

Reddit Personal Finance 1.2k 2025-01-31

Capital One just charged off my debt, what now?

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Capital One just charged off my debt, what now? A little over $6k. Due to multiple serious car repairs in a row, and me working with schools and having a month 1/2 of no work over the holidays, I was unable to pay this card. I am working again and went to make a payment, saw they charged off the debt. No voicemails, no emails, nothing in my mail. I checked my app earlier this week and it show…

Reddit Personal Finance 966 2025-01-31

Capital gains taxes for co-owner?

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Capital gains taxes for co-owner? I co-owned a house with my mom in California. Both of us were on the mortgage and title. We got it in September 2019 and we sold it in April 2024. The house was worth 250,000 when we got it. I never made mortgage payments, she did. It was sold for 380,000 to Opendoor. The mortgage wasn’t paid off, but it was paid off when Opendoor purchased it. …

Reddit Personal Finance 1.1k 2025-01-30

Capital One chargeback for fraudulent medical prescription

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Capital One chargeback for fraudulent medical prescription I booked a telemedicine appointment and the physician prescribed medication. Fulfillment was through a pharmacy the telemedicine company contracted with. The medication was successfully delivered. Before it was opened/used, the State Dept of Health inspected the pharmacy and found they operated outside their scope because they lack a sterile co…

Reddit Personal Finance 766 2025-01-30

New Capital One Bill Pay

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New Capital One Bill Pay What’s coming in the new Capital One Bill Pay? The email didn’t seem to promise a better experience or new features. It almost seemed like they were trying to lower expectations in the FAQs saying some payees might not be able to be paid electronically. submitted by /u/Typical-Trainer4533

Reddit Personal Finance 1.1k 2025-01-21