What Are Capital Gains?

There are long-term capital gains — and there are short-term capital gains. And then, of course, there are capital gains taxes. This is when the true fun begins: ranging anywhere from 0% to 35%, come April 15 each year Uncle Sam claims his share of your wins. It works both ways, of course: should your assets depreciate, you can sell at a capital loss and, in some cases, offset those taxable gains. mint.com explain capital gains and capital gain taxes in this infographic.

via www.mint.com

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