Capital Gains and Losses (19B)

 

IRS Program Number: YH9W1-T-00066-19-S
CE Credits: 2 hours
IRS Category: Federal Tax Law
Delivery Type: Online Self-Study
Exam Questions: 10

Course Syllabus

Course Description
This self-study course discusses investment gains and losses, including how to figure your basis in property. A gain from selling or trading stocks, bonds, or other investment property may be taxed or it may be tax free, at least in part. A loss may or may not be deductible. These chapters also discuss gains from selling property you personally use – including the special rules for selling your home. This is a Basic tax course with no prerequisites, and qualifies for 2 CE credit in IRS Federal Tax Law.

Learning Objectives

  • Identify the factors to consider in calculating the basis of property.
  • Recognize the taxability of the sale of personal use property.
  • Identify the special tax rules related to selling your home.
  • Recall the capital gain rates for the current year.

Course Assignments

  • Study each Chapter
  • Answer review questions at the end of each chapter
  • Pass the Final Exam with a score of 70 percent or better

Final Exam and Certification
The final exam consists of 10 multiple-choice questions on the information covered in the course materials. To receive credit for this course, you must click on the Exam below to initiate the exam. A passing score of 70 percent or better will receive course credit and a Certificate of Completion.

 

Course Materials: