Capital gains are taxed in the taxable year they are "realized." Your capital gain (or loss) is generally realized for tax purposes when you sell a capital asset. As a result, capital assets can ...

Dana Miranda is a Certified Educator in Personal Finance, creator of the Healthy Rich newsletter and author of You Don't Need a Budget: Stop Worrying about Debt, Spend without Shame, and Manage Money ...

Victoria was a practicing attorney for over a decade, admitted in Texas and California. She has also held senior HR roles in major corporations, honing a talent for communicating across varied ...

A common example is a jointly held rental property. A couple might want to split the income in a more tax-efficient way by altering ownership shares through a deed and then submitting a Form 17 ...