Examples of capital gains include sales of
1)IRA accounts
2)stocks sold for a profit
3)real estate sold for a profit
A) 1 and 2
B) 1 and 3
C) 2 and 3
D) all of these choices

Question

Quizplus · Accepted Answer

Capital gains are profits from the sale of assets like stocks and real estate. IRA accounts themselves are not sold for a profit; rather, they are retirement accounts that may contain assets that could generate capital gains.

Examples of Capital Gains Include Sales of