Tips for reporting capital gains and losses on your taxes

Taxes: Capital Gains & Losses

The TDS Library

Reporting Your Investment Earnings


The IRS considers your investments earnings to be unearned income. And they want to know how much you make each year on earnings from your savings accounts, stocks and bonds, certificates of deposit or mutual funds. Just how you report your investment income, however, depends largely on how much you made.

Reporting Your Capital Gains (or Losses)


You survived a turbulent stock market, making a little profit on a couple of stocks and dumping some dogs just in time. Well, the ride isn't over yet. Buckle up and get ready to report your transactions to the Internal Revenue Service.

Capital Losses Can Help Cut Your Tax Bill


Plummeting stock prices can cast a dark cloud over anyone's finances. However, at tax time, these capital losses can produce a ray of write-off sunshine. When you sell any pharmaceutical flops or banking blunders, you can use them to offset gains from more successful ventures -- or even a portion of your everyday income.

Capital Gains and Your Home Sale


The rules keep changing, but the home sale tax break is still one of the best around. Homeowners already know the many tax breaks that Uncle Sam offers, most notably mortgage interest and property tax deductions. Well, he also has good tax news for home sellers: Most of them won't owe the Internal Revenue Service a single dime.

Can We Take a Tax Write-Off If We Sell Our Home at a Loss?


If you sell your home at a big loss, will the IRS be as unkind as the market?

Get your biggest tax refund. Start free at TurboTax.

Capital Loss Carryover: Will Taxes Go Up Drastically?


Stock Splits and Capital Gains Taxes


Writing Off a Worthles Stock


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