Losing money inside your brokerage or retirement account may hurt—but it doesn’t necessarily mean a loss for federal tax purposes. The rules for determining a capital gain or capital loss depend on ...

This article discusses the 2025 and 2026 short-term and long-term capital gains tax rates.

If you sell stock, cryptocurrency, real estate, precious metals, or any other capital asset, there’s a good chance you’ll have to pay capital gains tax on any profits. However, the capital gains tax ...

Understanding all the income sources and deductions that drive your tax bill can help you identify opportunities to lessen their tax impact.

As we wrap up tax season, I’m reminded of a mistake I’ve seen multiple people fall victim to: incorrect reporting of cost basis. Cost basis is the adjusted value of the security when you originally ...

The 2025 tax legislation signed into law by President Donald Trump, commonly referred to as the One Big Beautiful Bill Act, largely preserves the existing capital gains tax framework. Long-term ...

Dear Liz: My husband and I built a home on a hillside over 30 years ago in a desirable neighborhood with a beautiful view. We thought it would be our retirement home, but life had different plans. Now ...

If mutual funds sold securities and realized gains, those gains need to be distributed to shareholders of record. Those distributions usually occur in November and December. It’s hard to estimate how ...

The Committee for a Responsible Federal Budget, a Washington-based fiscal watchdog, warned in a report published on Tuesday ...