Search

Capital Gains! Ugh!

Updated: Nov 18, 2019

What Is the Capital Gain Tax?

Capital gains are the profits realized from the sale of capital assets such as stocks, bonds, and property. The capital gains tax is triggered only when an asset is sold, not while the asset is held by an investor. However, when a mutual fund sells shares of its holdings during the year, mutual fund investors could be charged capital gains. (A fund’s capital gains distribution is not taxable if the fund is held in a tax-deferred account.)




9 views2 comments

This presentation is for educational purposes only. 

This is not a Rapid Refund or Rapid Return Organization.

We are not liable for information that is not provided or withheld.

Outcomes are based solely on information provided.

In some instance you will be directed to a secure financial site for our free forms.

 To ensure compliance with requirements imposed by the IRS, we inform you that any U.S. federal tax advice contained in this communication (including any attachments) is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein.

You should consult an attorney for advice regarding your individual situation. We invite you to contact us and welcome your calls, letters and electronic mail. Contacting us does not create an attorney-client relationship. We will maintain the confidentiality of any and all information transmitted to us.

All Rights Reserved 2020

View Complete Details of our Disclaimer/Privacy Policy Below
marketingpic