Elevate your Bankrate experience
Get insider access to our best financial tools and content
Capital gains are profits made from the sale of real estate, investments and personal property. Get the latest capital gains tax rates and investment tax advice.
Here’s what to know about records to hang on to and how long you should keep them.
Taxpayers can follow their refund online, by phone or with a smartphone app.
Personal credit card use is almost never eligible for a deduction come tax season, but if you’re using a business credit card you can likely deduct your fees.
A new IRS form helps you figure tax withholding from your paycheck. But it’s not easy.
You’ll have to pay capital gains on the sale of your rental property. Here’s why.
The tax bill depends on how your investments have performed. Here’s how to calculate it.
Taking a loss can pay off at tax-filing time, as long as you sell by the end of the tax year.
Compare the numbers on your 1040 with those sent by the IRS to find the problem.
You can each receive up to $100,000, but be sure to follow all the reporting rules.
You won’t owe taxes if you pay fees from your IRA. In fact, there may be other tax breaks.
If you have a foreign bank account, the IRS gives you a short time to file the FBAR.
Some taxpayers won’t pay any capital gains tax. Find out if you are eligible for this break.
The reporting requirements can be complicated, but we simplify them for you.
Did one of your investments totally tank? It may become valuable as a tax break.