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Do you have to claim Capital Gains or Losses if you did not sell any shares of the investment?

 
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2 Replies
Hal_Al
Level 15

Do you have to claim Capital Gains or Losses if you did not sell any shares of the investment?

No.  You do not report unrealized ("paper") gains or losses.  

TomK2023
Expert Alumni

Do you have to claim Capital Gains or Losses if you did not sell any shares of the investment?

No.  If you sell something (home, stock, collectible, etc.) for more than your "cost basis" of the item (what you paid for it), then the difference is a capital gain, and you’ll need to report that gain on your taxes. 

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