Selling your longtime home and downsizing in retirement is a common practice for people entering their golden years. While ...

Capital gains tax is a levy imposed by the IRS on the profits made from selling an investment or asset, including real estate ...

Form 1099-B is a tax form issued by brokers or barter exchanges to both the IRS and the taxpayer. It provides details about ...

Tax season can be stressful, but knowing how the U.S. tax system works can help you legally reduce your tax burden and keep ...

If you’ve owned an asset for a year or longer before selling it, you’ll be taxed at a long-term capital gains rate, which is ...

When you sell a primary residence, the IRS allows you to exclude from your capital gains taxes the first $250,000 of profits ...

Dividend-paying equities offer upside potential from capital appreciation and dividend growth, whereas bonds typically pay ...

Crypto assets must be reported on tax returns like any other property when they are sold. If you take a loss when selling it ...