Today's Market

updated 8 hours ago Sponsored by:
DOW 17,083.80 -2.83 -0.02%
S&P 500 1,987.98 0.97 0.05%
NASD 4,472.11 -1.59 -0.04%

Community: Investing Wiki

Term Of The Hour

calculate capital gains: Original post by Matt McGew of Demand Media The Internal Revenue Service requires you to pay tax on all capital gains you earn. A capital gain is the profit resulting from the sale of capital assets such as real estate, stocks and mutual funds, or collectibles. The IRS also allows you to deduct capital losses from your capital gains prior to calculating your tax liability. You can manually,…

Want to learn more or edit this definition?
Click here to read more!