Only after the full netting process is the ... The tax rate also will be higher when the taxpayer is subject to the 3.8% net investment income tax. The taxpayer’s state also might impose an ...

A retired couple moves out of their home after agreeing to sell it for ... from your capital gains taxes and only pay taxes on the remaining net profit. This exclusion is $250,000 for single ...

The oil-and-gas producer swung to a loss in 2024 as the energy profits levy continued to drag on results and its CEO ...

better known as net income, is the money that remains in a reporting period after direct expenses such as labor, fixed expenses like rent, and non-operating expenses such as taxes and depreciation ...

The net investment income tax (NIIT) is a 3.8 percent tax on net investment income for individuals exceeding certain income ...

You pay taxes on stocks you sell for a profit. How much you pay depends on how long you hold the stock, your income, and your ...

103.7 billion ($2.5 billion) in net profit in 2024 and paid ... 83.7 billion ($2 billion) in profit tax due to the continued 50% rate, which was extended for the second consecutive year. Final figures ...