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Understanding Capital Gains Tax Laws
Whether you are a Wall Street rookie or an experienced investor, capital gains tax laws can be tough to understand. We try to make it simpler.
tax tip: reporting, and computing taxes on, your capital gains and losses
If you sold a stock, regardless of whether you made or lost money on it, you have to file Schedule D. This two-page form can be a hassle, but it also can save you some tax dollars.
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Reporting Capital Gains Tax
Are capital gains taxes on securities on an honor system?
The Tax Basis Used to Determine Capital Gains Rates
Before beginning Schedule D, you need to learm some basic information about each capital gain or capital loss you are claiming. We show you how.
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Fool.com: Capital Gains Tax Changes (Tax Q&A) November 20, 1998
It is painfully obvious that there are still a number of people out there under the mistaken impression that an 18-month capital gain holding period is significant. It's just not true. So in order to put this matter to rest, I thought I'd crack open The Motley Fool Investment Tax Guide to see what it had to say on this issue.
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