In this episode, I explain tax implications with earned, portfolio, and passive income. I explain capital gains and losses. Specifically how the IRS looks at it as short or long term. I clarify the differences and why you should invest from a long term perspective. 

I also went into details on the forms you need to fill out if you received dividends or interest payments throughout the year. Please share this podcast with a family or friend. Here is my LinkTree so you can watch this video on YouTube and follow my Instagram for more financial content.

https://linktr.ee/insightfulprinciples