People invest with the hope of earning a return over time. But what happens when you choose to sell? Cost basis is key to understanding your tax obligations and the true profit of your investments.

This calculator shows how much capital gains tax you will pay on the sale of residential property in the 2024-25 tax year.

More home sellers now owe capital gains taxes after selling their primary residence, but it is possible to reduce the bill. There are no taxes on the first $250,000 of profit if you are single, or ...