Irs Characterizes

Some articles on irs characterizes, irs:

Character (income Tax) - Capital Income - U.S.
... The IRS characterizes income or loss as a capital gain or loss depending on how the taxpayer generates the gain or loss ... later sells that piece of real estate or security, the IRS characterizes the amount that exceeds the purchase price as capital income while the amount that falls short of the ... The IRS refers to the purchase price as the tax basis ...