When you sell an asset for more than you paid for it, the profit you make is considered a capital gain and must be reported to the IRS. Understanding how to use Schedule D to report these gains will ...

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 Internal Revenue Service (IRS) has released the Schedule D tax form instructions and printable forms for the tax years 2023 and 2024. TRAVERSE CITY, MI, US ...

Losing money can be inevitable even if you haven’t been investing for long. A string of unfruitful investments in quick succession can lead to short-term capital losses, which accrue as you sell ...

Selling stocks, property or other investments in less than a year? You may be subject to short-term capital gains tax — which is taxed as ordinary income based on your tax bracket. Knowing how this ...

FAQ: Tax Benefits of Long-Term Care Insurance. By Russ Banham. There are significant federal tax benefits in purchasing long-term care insurance, but like everything else in life ...