Capital Gains

Explains how to report capital gains, dividends, and special tax situations like home sales.

What Are The Tax Implications Of Donating Appreciated Stock From Values-Based Holdings

by thevsuman | 1 October 2026

Donating appreciated stock held longer than one year from a values-based portfolio generally lets you avoid capital gains tax entirely and deduct the full fair market value, just like any...

Finance

How Are Dividends Taxed In A Taxable Brokerage Account

by thevsuman | 1 October 2026

Dividends in a taxable brokerage account are split into two categories: qualified dividends are taxed at the lower long-term capital gains rates (0%, 15%, or 20%), while ordinary (non-qualified) dividends...

Finance

How Does The Net Investment Income Tax Affect My Capital Gains

by thevsuman | 1 October 2026

Yes, if your modified adjusted gross income exceeds $200,000 (single) or $250,000 (married filing jointly), you'll owe an additional 3.8% Net Investment Income Tax on your capital gains - but...

Finance

How To Use Tax-Loss Harvesting To Offset Capital Gains

by thevsuman | 1 October 2026

Tax-loss harvesting offsets capital gains by selling investments that have lost value to realize a loss, which directly cancels out your realized capital gains dollar-for-dollar, and up to $3,000 of...

Finance

What Is A Wash Sale And How Do I Avoid It When Tax-Loss Harvesting

by thevsuman | 1 October 2026

No, if you buy the same or 'substantially identical' security within 30 days before or after the sale, the IRS disallows the loss under the wash sale rule. The disallowed...

Finance

How Do I Report The Sale Of My Primary Home And Qualify For The Capital Gains Exclusion

by thevsuman | 1 October 2026

If you qualify, you likely don't need to report the sale at all unless you received a Form 1099-S. If you must report it, you claim the Section 121 exclusion...

Finance

What Are The Tax Implications Of Selling Rare Sneakers At A Profit

by thevsuman | 21 September 2026

Sneaker resale tax is generally owed on any profit you make from selling rare sneakers. This applies whether you do it as a hobby or a business. If you sell...

Finance

ETF Vs Mutual Fund Which Is More Tax Efficient

by thevsuman | 21 September 2026

ETFs are typically more tax efficient than mutual funds because their unique creation/redemption mechanism allows them to avoid distributing capital gains to shareholders, whereas mutual funds must pass those gains...

Finance

Over-55 Home Sale Exemption Capital Gains Tax Exclusion Definition

by Murielle Mckown | 4 January 2024

The over-55 home sale exemption is a historical tax break that no longer exists, and today’s rule is an age-neutral capital gains exclusion that lets you shield up to $250,000...

Finance

What Are Capital Gains Vs. Dividends?

by Thomasa Messner | 3 January 2024

Capital gains and dividends are both forms of investment income, but the practical difference is how they appear on your IRS Form 1099-DIV: capital gains are profits from selling an...

Finance

How To Report RSU On A Tax Return

by Carlene Trimmer | 29 October 2023

To report RSU on a tax return, you must complete a two-part process: first, report the vesting as ordinary compensation income, and second, report the sale of the shares as...

Finance

Where To Report The Sale Of Investment Property On A Tax Return

by Candi Caban | 29 October 2023

Where To Report The Sale Of Investment Property On A Tax Return You report the sale of investment property on Form 8949, Sales and Other Dispositions of Capital Assets, and...

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