Selling stocks, property or other investments in less than a year? You may be subject to short-term capital gains tax — which is taxed as ordinary income based on your tax bracket. Knowing how this ...

Any piece of property you own for personal use or investment is a capital asset. When you sell these items at a profit, you are subject to capital gains taxes. Read on to learn more about these taxes ...

Each year, the IRS adjusts federal income brackets and thresholds, and capital gains taxes are no exception. Whether you hold ...

An incoming Donald Trump administration has taxpayers salivating for lower tax rates in 2025. No one enjoys a hefty tax bill, and the idea of a game-changing law that could somehow magically erase ...

Capital gains taxes are levied on the profits from selling assets such as stocks, bonds, real estate or other investments. When you sell an asset for more than you paid for it, the difference between ...

Making money on your investments is a great feeling. The only downside is the capital gains tax you have to pay on your earnings when you sell. Each year, the capital gains tax brackets get a bit of ...

Selling a second home can come with an unexpected tax burden. It doesn't matter if it's an inherited ramshackle cabin, a luxury vacation retreat, or even a rental investment, the IRS treats the sale ...

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," ...

Now that 2024 has come to a close, investors are starting to think about 2025’s investments. However, to get a clear picture of how your investment strategy might play out, you need to know the ...

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 ...