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 Capital Gains Tax Cap Election Form Prime Super 2016

2016-2025 Form

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welcome to county office your ultimate guide to local government services and public records let's get started how to file capital gains tax to file capital gains tax you need to understand the process step by step starting with the realization of capital gains or losses capital gains are realized when you sell exchange or otherwise dispose of a capital asset such as stocks real estate or mutual funds determining your basis and realized amount the first step is to determine your basis in the asset which is generally the purchase price plus any commissions or fees paid your basis may also include reinvested dividends or other adjustments next calculate the realized amount which is the sale price minus any commissions or fees paid subtract your basis from the realized amount to determine the capital gain or loss short-term versus long-term capital gains capital gains are categorized as short-term or long-term based on the holding period short-term gains apply to assets held for o

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