Answer:
Capital Gains
Capital gain calculation in four steps
Determine your basis.
Determine your realized amount.
Subtract your basis (what you paid) from the realized amount (how much you sold it for) to determine the difference.
Review the descriptions in the section below to know which tax rate may apply to your capital gains
Tax
To calculate the taxable gain on the sale of an asset, an individual takes the difference between the original purchase price and the sale price of the investment.
