Any capital asset, which is everything owned and used for personal purposes, pleasure or investment,
mutual funds, and rest estate investment trusts are subject to capital gain taxes.
Any property that you own and sell for a profit must be reported as a capital gain. Examples include stocks, real estate, precious metals, artwork, even a restored classic car.
Profits that come from investment or interest are subject to capital gains taxes. Only actual earnings count; if your stock rises but you don't sell, it doesn't count.
