When you buy stocks, you hope they go up in value so you can sell them at a higher price than you paid. That’s the whole idea, right? The good news is that you’ve made some money. The bad news is that ...

You may owe capital gains tax on any realized gain on the sale of an asset, but not on unrealized capital gains. Long-term capital gains — that is, on assets held for a year or longer — are taxed at a ...