This capital gains tax calculator helps estimate the taxes you'll pay on profits or losses from the sale of assets such as real estate, stocks and bonds for the 2024/2025 tax filing season.

This calculator shows how much capital gains tax you will pay on the sale of residential property in the 2024-25 tax year.

For long-term capital gains, you fall into the 15% tax bracket, so you calculate your long-term capital gains tax separately as 15% of $10,000: $1,500. For 2024, your tax bill is roughly $12,053.

Capital losses can be used to offset capital gains, thus reducing the tax owed on capital gains. For example, if you sell Stock A with a profit of $1,500 and Stock B with a loss of $500, your ...

It's important to understand what capital gains tax is and how it's calculated, and what tax rates apply. Kiplinger. Save up to 74%. ... How to calculate capital gain tax.

Learn about long- and short-term capital gains tax on stocks, the tax rate, ... Cost Basis: Overview, How to Calculate, Example. Crypto Wallet: What It Is, How It Works, and Types.

Gains from the sale of vacation homes don't qualify for the $250,000/$500,000 capital gains tax exclusion that applies to the sale of main homes. You will pay tax on the entire amount of your profit.

Short-term federal tax matches ordinary rates; long-term capped at 15-20% for most brackets. Missouri taxes all capital gains at regular income rates, up to 6% above $9,000. Consider holding ...

Because you held it for more than a year, you’d pay long-term capital gains tax on the $1,500. How to Calculate Crypto Gains (and Losses) To figure out how much you gained or lost from crypto ...