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

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 ...

Dear Liz: My husband died in November 2022. I was told that if I sell the house within two years of his death, I can benefit from two capital gains exclusions, his and mine, each for $250,000. The ...

Now that 2024 has come to a close, investors are starting to think about 2025’s investments. However, to get a clear picture of how your investment strategy might play out, you need to know the ...

The capital gain rules have changed for property sold on and after July 23rd, 2024. Today's Ask Wallet Wise query decodes the income tax rules for the computation of capital gains for FY2025-26.

Selling assets such as property can create both long-term gains and losses and understanding how these are taxed is crucial. Today's Ask Wallet Wise query answers how recent changes in indexation ...

In recent years, more people across the United States are triggering capital gains taxes when they sell their primary homes. This is happening even though the federal government offers a tax break: a ...

Capital gains taxes can eat into the profits you make from selling investments, sometimes leaving you with less money than you might have expected. But one state has changed its tax policy to help its ...

OLYMPIA — Early figures suggest Washington could bring in $849 million in its first year of collecting the state’s new capital gains tax, potentially sending hundreds of millions more than expected to ...