Where can you find a capital gains tax worksheet?


Quick Answer

The Internal Revenue Service, or IRS, Form 1040 and Form 1040A both include the Qualified Dividends and Capital Gain Tax Worksheet, and both forms are available on the IRS website. Instructions for performing the calculations are included in the forms, and the IRS website also provides guidance on doing capital gains tax calculations.

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Full Answer

When a company sells one its assets for a profit above what the company paid for the asset, it may have to pay a capital gains tax if the company held the asset long term, which is defined as a year. The tax rate on the gains depends on the type of asset and the tax bracket of the taxpayer, according to the Tax Policy Center.

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