Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over ...
When you sell stocks, bonds, and other investments, you'll typically generate either a capital gain or a capital loss. Capital gains happen when you sell an investment for a profit; capital losses ...
Most investors will need to complete a Schedule D when preparing their federal tax returns. When you sell stocks, bonds, and other investments, you'll typically generate either a capital gain or a ...
So you’ve realized a profit on your investments? Buckle up and get ready to report your transactions to the Internal Revenue Service (IRS) on Schedule D and see how much tax you owe. But it’s not all ...
The new Form 1040 that all tax filers will file this year is a one-page document with just 23 lines. It replaces the old 1040 as well as the Form 1040A and Form 1040EZ, and for most tax filers with ...
Form 8949 is used to report the sale or exchange of capital assets, such as stocks, real estate, or cryptocurrencies to the IRS. It details the purchase and sale dates for each transaction, as well as ...