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Capital Gain

A capital gain is the income from an investment. When a capital asset increases in value, the capital gain is equal to the higher selling price minus the amount you paid for it. Capital assets include stock, bonds, and real estate.

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What is Taper relief in capital gain tax?

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How is capital gain tax calculated for property?

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Your mother has no income and sold the house she lived in. She lived in the property less than 2 years the state and IRS are after her for capital gain. Any suggestions?

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Can I avoid capital gain if I have not been living in a house for more than 3 years?

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Do you have to pay capital gain taxes on a home that was willed to you then you sold it?

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How do you calculate long term capital gain that was reduced deminihed valuation in earlier year?

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When an agent sells his book of business to the agency that he is working for is the sale considered a capital gain to the agent?

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If your tax liability for 2007 is smaller than your 2008 withholding and you have a very large 2008 short term capital gain can you be penalized for under withholding?

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