Ch 8: Capital Gains & Losses

About This Chapter

Get an overview of capital gains and losses with this helpful federal income tax chapter. The chapter offers expertly-taught lessons and practice quizzes that can improve your overall tax knowledge and help you prepare for exams.

Capital Gains & Losses - Chapter Summary

This series of short and engaging lessons can help you improve your understanding of capital gains and losses. The lessons are taught by expert instructors who break down topics like 'held for sale' assets and substitutes for ordinary income. You can work through the chapter at your own pace using any Internet-connected device. Take the included lesson quizzes and chapter exam to make sure you fully understand these tax terms and concepts. When you're finished with the chapter, you should be able to:

  • Explain the statutory framework for capital gains and losses
  • Evaluate 'held for sale' assets as they relate to capital gains and losses
  • Assess examples of ordinary income substitutes

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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