Calculate capital gains tax on investments. Enter purchase price, sale price, holding period, and income to see your tax obligation.
Assets held for more than one year qualify for long-term capital gains rates, which are lower than ordinary income rates. This applies to stocks, bonds, real estate, and other investments.
Yes. Capital losses offset capital gains dollar for dollar. If losses exceed gains, you can deduct up to $3,000 ($1,500 if married filing separately) against ordinary income per year, carrying excess forward.
Home sale exclusion allows $250,000 ($500,000 married) of gain on a primary residence to be tax-free. Inherited assets get a stepped-up basis, eliminating gains during the decedent's lifetime.