James Chen, CMT is an expert trader, investment adviser, and global market strategist. Amy is an ACA and the CEO and founder of OnPoint Learning, a financial training company delivering training to ...

A capital gains tax applies on the sale of an asset. Long-term gains are usually taxed at 0%, 15%, or 20%, depending on your income, while short-term gains are taxed at your regular income tax rate.

Capital gains and ordinary income represent two distinct types of income subject to different tax treatments. Ordinary income includes wages, salaries, and interest earned on a savings account, ...

Investors who sell an investment at a profit in a taxable account incur a capital gain that they must report on their tax returns. For investments held longer than one year, the long-term capital ...