How do you calculate capital gains tax 2024?
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Studied at the University of Toronto, Lives in Toronto, Canada.
The first step is calculate exactly how much capital gain you've earned in the last year (yes, you must pay capital gains tax every year). This sounds easy enough. All you have to do is take the sale price of a capital asset (stock, real estate, etc.) and subtract the original purchase price.
2023-05-14 00:39:35
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Oliver Evans
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The first step is calculate exactly how much capital gain you've earned in the last year (yes, you must pay capital gains tax every year). This sounds easy enough. All you have to do is take the sale price of a capital asset (stock, real estate, etc.) and subtract the original purchase price.