Those who are fortunate enough to be successful investors generally know that when it comes time to cash in on their profits, the IRS is ready and waiting for its share. Capital gains taxes are ...

The Internal Revenue Service is offering an updated way to handle problems with the Form 8949, which has been having issues this past tax season. For Form 8949, “Sales and Other Dispositions of ...

Form 8949 is used to report the sale or exchange of capital assets, such as stocks, real estate, or cryptocurrencies to the IRS. It details the purchase and sale dates for each transaction, as well as ...

With the explosive volatility of Bitcoin and other cryptocurrency prices over the past few years, you may be sitting on some sizable capital gains or losses. You’ll need to report those to the IRS ...

If you sell stocks at a profit, you will owe taxes on those gains. Depending on how long you’ve owned the stock, you may owe at your regular income tax rate or at the capital gains rate, which is ...

Taxpayer files a Form 8949, which accounts for new IRS cost-basis reporting rules required on securities-broker-issued Form 1099-Bs. As an active investor, taxpayer has hundreds if not thousands of ...

Most investors will need to complete a Schedule D when preparing their federal tax returns. When you sell stocks, bonds, and other investments, you'll typically generate either a capital gain or a ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. Ready or not, tax return reporting has changed yet again for the 2020 ...

Dealing with capital gains and losses has been a nightmare in recent years. Those who are fortunate enough to be successful investors generally know that when it comes time to cash in on their profits ...