Access Leading Tax Experts And Technology
In Our Global Digital Marketplace

Please Type Topic Into Search Bar

Is the sale of stock ordinary income or capital gain?

Stock Options
TaxConnections Members... Answer This Question Want To be One of Our Tax Experts? Register Here

Tax Professional Answers

User Photo
Harold Goedde
capital gain. If held more than one year it is long-term. If held one year or less ,it is short-term. Capital losses offset capital gains first and then ordinary income up to $3,000. Any unused losses can be carried forward to offset capital gains and ordinary income in future years. Losses can be carried forward indefinitely.
Leave a Comment 330 weeks ago


View/Select our Current List of Tax Topics

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Previous PageNext Page

Contact Us Today