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 ...

Every year, usually sometime in February, the brokerage holding your investments will send you a 1099-B form that provides tax info on all your transactions from the previous year. Some brokerages ...

Schedule D Most people use the Schedule D form to report capital gains and losses that result from the sale or trade of certain property during the year. In 2011, however, the Internal Revenue Service ...

As a CPA firm preparing income tax returns for active online traders, we are spotting significant discrepancies between 2011 Form 1099-Bs provided by securities brokers – which include cost-basis ...

If your small business is a sole proprietorship, partnership, limited liability company or S-corporation, you and any co-owners pay the business's taxes through the income you report to the Internal ...

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 ...

When you sell stocks, bonds, and other investments, you'll typically generate either a capital gain or a capital loss. Capital gains happen when you sell an investment for a profit; capital losses ...