Capital gains tax is a tax on profits from asset sales. Long-term capital gains tax rates are 0%, 15% or 20%. Short-term rates equal ordinary income tax rates.

In comments to the press on Tuesday, President Donald Trump suggested he is considering eliminating capital gains taxes on the sale of homes. Soon afterwards, Rep. Marjorie Taylor Greene of Georgia ...

Selling a second home can come with an unexpected tax burden. It doesn't matter if it's an inherited ramshackle cabin, a luxury vacation retreat, or even a rental investment, the IRS treats the sale ...

Navigating capital gains tax can be complex, but knowing the applicable tax rates and thresholds can help you plan your ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Capital gains is a tax imposed on the profit you earn ...

President Donald Trump on Tuesday signaled support for legislation eliminating a capital gains tax on home sales, suggesting a reform on the tax policy—which has gone unchanged for decades—that a ...

Currently, unrealized capital gains, or unsold assets that have appreciated in value, are not subject to federal taxes. Vice President Kamala Harris’ presidential campaign said she supports President ...

The IRS released its numbers despite the ongoing government shutdown Here's what you should know about next year's tax rates on long-term capital gains. Attention, investors. Income-tax rules are here ...

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 ...

An Aug. 26 post on Threads (direct link, archive link) lays out a hypothetical financial scenario, based on Vice President Kamala Harris’ reported support of a tax on unrealized capital gains. "The ...