Capital Gains Tax

Profits and losses from selling stocks must be reported to the IRS as they affect your net income. However, the amount you are taxed varies greatly depending on timing and nature of the sale.

Profits and losses from selling stocks must be reported to the IRS because they affect your net income. However, the amount you are taxed varies depending on timing and nature of the sale.

Profits and losses from selling stocks must be reported to the IRS, as they affect your net income. However, the amount you are taxed varies greatly depending on timing and nature of the sale.

A bad investment can have a silver lining. Their can be some relief at tax time, and it may be better to realize a loss now than to wait on an uncertain outcome. Many taxpayers rely on their tax...

If you sold your home and made a profit, you must report the capital gain, however, there are exclusions. If the sale is on your main home, individual homeowners can exclude up to $250,000 in...

This article expands on my other article showing you how to salvage your finances in a tough market. 2008 and 2009 are prime years to sell highly appreciated securities. Even your stocks aren't as...

If you sell your main home at a gain, and have lived in it for at least two years during the five-year period ending on the date of sale, you can exclude the gain from taxable income up to a...