answersLogoWhite

0

A capital gain refers to the profit realized from the sale of an asset, such as stocks, real estate, or other investments, when the selling price exceeds the purchase price. It is typically classified as either short-term or long-term, depending on how long the asset was held before sale. Short-term capital gains are usually taxed at ordinary income tax rates, while long-term gains may benefit from lower tax rates.

User Avatar

AnswerBot

6d ago

What else can I help you with?

Related Questions

What accurately describes a capital gain?

an increase in the value of an investment :) tinaa


What describes a capital gain?

An increase in the value of an investment


What describes capital gain?

An increase in the value of an investment


What is the population of Gain Capital?

Gain Capital's population is 380.


When was Gain Capital created?

Gain Capital was created in 1999.


How do you calculate capital gain on property?

To calculate capital gain on property, subtract the property's purchase price from the selling price. This difference is the capital gain.


I know I must pay capital gains taxes but do I have to pay before I can get my profits?

A capital increases charge is a duty on the benefit that a financial backer makes from the offer of a venture like stock offers. On capital gains, advance tax must be paid. However, in order to pay his advance tax installment, one cannot accurately estimate the capital gain advance. Therefore, if a taxpayer has a capital gain after the advance tax installment due dates, the tax on that gain must be paid in the remaining installments.


Can you offset Capital Gain Dividend with capital loss?

A capital gain and a dividend are two different things completely. You can offset a Capital Gain with Capital Losses, but you cannot offset dividends with capital losses. They are different items and are reported on different forms.


How is capital gain calculated for investments?

Capital gain for investments is calculated by subtracting the purchase price of an investment from the selling price. The resulting difference is the capital gain. This gain is then subject to capital gains tax based on the holding period and tax rate.


Long term capital gain-one year?

If you hold the asset for MORE than one year before you dispose of it, and you have a gain on the sale your capital gain would be a LONG TERM CAPITAL GAIN (LTCG)


How can one find capital gain in their investments?

To find capital gain in investments, subtract the original purchase price from the selling price of the investment. This difference represents the capital gain.


Can i offset Capital Gain Dividend with capital loss?

If you are talking about a Long Term Capital Gain dividend from a mutual fund, the answer is yes.