Selling a second home can trigger up to 20% in capital gains tax. Learn the proven ways to cut, defer, or avoid this tax hit.

Short-term capital gains is a type of tax that the Internal Revenue Service (IRS) levies on American taxpayers. The short-term capital gains tax is charged on the appreciation made in financial assets ...

More home sellers now owe capital gains taxes after selling their primary residence, but it is possible to reduce the bill. There are no taxes on the first $250,000 of profit if you are single, or ...

Selling your home can have tax consequences if its value has gone up. The IRS offers an exemption that lets you exclude some of the profit from capital gains tax when selling your primary residence, ...

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When you sell an investment for more than you paid for it, then you typically have to pay capital gains tax on your profit. Federal tax law on capital gains applies to all U.S. taxpayers, but in ...

Would you vote for a tax that frequently taxes people at an effective rate of 100% or more, misallocates investment, reduces economic growth and job creation, often becomes almost impossible to ...

Missed Tax Day? File as soon as possible to limit penalties. Try our fast, hassle-free tax filing. It's just $50. Missed Tax Day? Try our fast, hassle-free tax filing. It's just $50. Capital gains are ...

What Is Long-Term Capital Gains Tax? When an individual taxpayer sells a capital asset, they are assessed tax on the profit between the cash received on that sale and the price paid. Investors ...