I don't think I agree. Let me give you an example. Let's take one stock that had a gain of 300 Euros. That was over 3000 in Dollars. We reinvested the 300 Euros in Germany right away. We never realized the rest ($ 2700), but we had to pay taxes for it.
Now I see it was stupid to sell and reinvest, but somehow the way we were taxed does not seem to be fair. Well, now I know better.
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Originally Posted by twostep
Capital gains tax applies in US and DE. You write you did not realize the gain but reinvested it. You did not cash out but used the gain to purchase stock. You did realize it. It is pretty straight forward tax reporting. Have you considered changing CPAs?
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