Turbotax 2024 Cost For Capital Gains. A capital gain is what the tax law calls the profit you receive when you sell a capital asset, which is property such as stocks, bonds, mutual fund shares and real estate. Find out how to report your capital gains and losses on your tax return with these tips from turbotax.
What is a capital asset, and how much tax do you have to pay when you sell one at a profit? Use smartasset’s capital gains tax calculator to figure out what you owe.