Capital gains are taxed in the taxable year they are "realized." Your capital gain (or loss) is generally realized for tax purposes when you sell a capital asset. As a result, capital assets can ...

So you’ve realized a profit on your investments? Buckle up and get ready to report your transactions to the Internal Revenue Service (IRS) on Schedule D and see how much tax you owe. But it’s not all ...

So you’ve made some money investing — or really any asset trade where you came out ahead. Congrats on the big score. But don’t count your profits too quickly because Uncle Sam wants his cut of your ...

Capital gains tax looks at the positive difference between an asset’s sale price and its original purchase price or cost basis. This type of tax is highly relevant to real estate transactions as ...

WASHINGTON - An outcry from tax preparers across the country prompted the Internal Revenue Service to clarify its new instructions for reporting capital gains and losses. The instructions, issued late ...

Call it a holiday gift for America's home sellers: The IRS has just answered many of the long-pending questions about tax-free capital gains on home sale profits. Tops on the list: What happens if you ...