Learn even more about this topic with the Encyclopedia of Personal Finance™
You are probably familiar with the term capital gains from the endless battles on Capitol Hill over the capital gains tax rate. This tutorial will help you to understand what capital gains are, how they are taxed, and how they can affect your investment strategy.
You will learn about the following topics:
- Long-Term and Short-Term Gains
- Realized and Unrealized Gains
- Capital Gains Tax
- What Is Subject to Capital Gains Tax?
- IMPORTANT CAPITAL GAINS TERMS
- SUMMARY OF CAPITAL GAINS
Let's begin with a look at the two types of capital gains.