Capital gains tax on stocks can cut into your profits. Find out what to expect for 2024-2025 and how to reduce what you owe.

This article was expert reviewed by Lisa Niser, EA, an enrolled agent and tax advisor. The capital gains tax rate applies to profits on your investments. If you owned an asset for a year or more ...

Given this paragraph of information, we can calculate the capital gains tax Dale will pay on the office building. Let's ...

Gold has appreciated dramatically in recent years. This spring, the price of gold has hit a few record highs over $3,000 per ...

The Section 121 Exclusion lets taxpayers exclude up to $250,000 of the gain from the sale. A couple filing jointly can ...

Once you've determined your basis, subtract it from the sale price to find your capital gain. This gain is then subject to the appropriate tax rate based on your holding period and income level.

Americans are increasingly facing capital gains tax when they sell their homes. In 2023, "roughly 8%" of home sales were hit with capital gains tax, which marks "more than double the share in 2019 ...

Capital gains tax is levied on profits from assets ranging from shares to second homes, buy-to-let properties and personal possessions. The rates for stocks and shares gains were hiked in the ...