Which Capital Gains Are Taxable and How to Calculate Your Tax

Capital gains are taxed in the taxable year they are "realized." Your capital gain (or loss) is generally realized for tax purposes when you sell a capital asset. As a result, capital assets can ...
Oregonian

Liz Weston: Capital gains exclusions haven’t changed since 1997, even as home values have soared

Dear Liz: I have sold my family home recently after almost 50 years. I had done lots of improvements throughout those years. Due to a fire 15 years ago, all the documentation for these improvements ...
San Diego Union-Tribune

When receipts of home renovations are lost, is the tax break gone, too?

Dear Liz: I have sold my family home recently after almost 50 years. I had done lots of improvements throughout those years. Due to a fire 15 years ago, all the documentation for these improvements ...