Capital Gains Tax

How to Avoid Mutual Fund Capital Gains
How to Avoid Mutual Fund Capital Gains

Successful investing often brings the unfortunate byproduct of taxes. When you take a gain, you have to report it to the Internal Revenue Service. Unless you're in the lowest tax bracket, you'll have to pay at least some tax on your profits, sometimes at a significant rate. This ...

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More in Capital Gains Tax

Are Capital Gains From Real Estate Part of My Income?
Are Capital Gains From Real Estate Part of My Income?

If you buy a house or land and later sell your property for a profit, you've made a capital gain. Before rolling the money into a new investment or spending it, you have to consider the tax ...Read More

Does the Seller Have to Pay Tax on a Vehicle When He Sells It?
Does the Seller Have to Pay Tax on a Vehicle When He Sells It?

Although there is a capital gains tax on cars, often sellers find that it's rare that they can make a profit on the vehicles they sell. To calculate the gain, the seller will need to compare the ...Read More

Is the Total Mortgage Amount Paid for the Property the Cost Basis?
Is the Total Mortgage Amount Paid for the Property the Cost Basis?

When you obtain a mortgage to purchase real property, it's likely that the total loan amount accounts for a large portion of your tax, or cost, basis. This is true for a property you acquire for ...Read More

Tax Treatment of Stocks
Tax Treatment of Stocks

When you sell stocks you pay taxes on the gains, and you get to deduct the losses. How much you pay or write off depends on how long you have held the stocks. You divide your stock sales into ...Read More

How to Calculate & Report Your Capital Gains & Losses
How to Calculate & Report Your Capital Gains & Losses

You can compute your capital gains or losses, as well as your loss or gain percentage, by knowing how much you got for selling a stock, fund or other investment and how much you paid for it. Report ...Read More

The Tax Implications of Trading Futures
The Tax Implications of Trading Futures

Futures traders qualify for certain tax breaks that simplify record-keeping and save money. The rules revolve around Section 1256 contracts as defined by the Internal Revenue Service. To qualify, a ...Read More

How to Sell Mutual Funds Before Capital Gains Distribution
How to Sell Mutual Funds Before Capital Gains Distribution

Investment decisions, particularly regarding long-term investments such as mutual funds, shouldn't be dictated solely be tax consequences. However, there may be instances in which you'd prefer to ...Read More

How to Enter Short-Term Capital Gains
How to Enter Short-Term Capital Gains

If you've made money selling assets you've owned for less than a year, such as stocks or other investments, you must share the news with the Internal Revenue Service. The way you report the gains ...Read More

The Tax Implications of Selling Mutual Funds & Buying New Mutual Funds
The Tax Implications of Selling Mutual Funds & Buying New Mutual Funds

When you sell mutual fund shares, you trigger a tax event -- a capital gain or loss. Using the sale proceeds to buy shares in a different mutual fund does not affect your tax situation from the sale ...Read More

How to Declare Taxes on Stocks
How to Declare Taxes on Stocks

When you’re closing out a winning stock trade, the last thing on your mind is paying the taxman. But if your tax bracket is high and your gain small, that little profit could end up costing more in ...Read More

Do I Have to Report All My Stock Purchases & Sales if I Lost Money?
Do I Have to Report All My Stock Purchases & Sales if I Lost Money?

You must report all of your stock sales to the IRS, even if you lost money. For tax purposes, losing money isn't necessarily a bad thing, You can use your losses to offset your capital gains, thereby ...Read More

IRS Rules for Taxes on Long-term Capital Gains
IRS Rules for Taxes on Long-term Capital Gains

Unlike men, not all income is created equal in the United States, at least under the Internal Revenue Service tax code. Long-term capital gains receive preferential tax treatment in the form of lower ...Read More

How to Roll a Capital Gain Into a Roth
How to Roll a Capital Gain Into a Roth

If you sell an investment for more than its purchase price, you have a capital gain. Unless the gain is in a tax-sheltered account, you’ll have to pay capital gains tax. If you’d like to contribute ...Read More

How to Sell Rental Property and Not Pay Capital Gains
How to Sell Rental Property and Not Pay Capital Gains

There are a few ways to sell a rental property and not pay capital gains, including swapping the property for a like-kind and tax loss harvesting,Read More