Investing
Capital Gain
Profit on sold assets
The profit realized when you sell a capital asset (stock, real estate, business interest) for more than its basis. Long-term gains (held >1 year) get preferential rates of 0%, 15%, or 20%.
Profit on sold assets
The profit realized when you sell a capital asset (stock, real estate, business interest) for more than its basis. Long-term gains (held >1 year) get preferential rates of 0%, 15%, or 20%.