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Get your taxes done using TurboTax
Capital Gains are the "profit" you made on the sale of a stock, a mutual fund or an ETF.
They are calculated by taking the sell price less (minus) the purchase price (price you paid to buy) of the stock, mutual fund or ETF. Basically it's what you made in the trade (how 'bout that - it rhymes).
May 15, 2021
1:43 PM