Q:

Where can one get information on the 2014 capital gains tax?

A:

Quick Answer

Information on the 2014 capital gains tax rate is available on the Internal Revenue website, in Chapter 16 of IRS Publication 17, titled Your Federal Income Tax. Information regarding the capital gains tax in general is available under Tax Topic 409, Publication 550, titled Investment Income and Expenses.

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Full Answer

Taxpayers can also find information regarding the capital gains tax in IRS Publication 554, Sales and Dispositions of Assets, reports the IRS. A capital gain is when you sell something at more than you spent to acquire it, according to TurboTax. Just about everything a person owns is considered a capital asset.

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