Capital Gains Tax Rate 2024 Stock Sales Tax . Capital gains taxes are levied when someone makes a profit from the sale of a capital asset, such as a stock or a bond. A tax on profits from the sale of an asset held for a year or less.
This tax applies to both. If the value of that stock increases to $15 and you sell the share, you have to pay taxes on the $5 profit you just made.
Capital Gains Tax Rate 2024 Stock Sales Tax Images References :
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