taxmap/pubs/p225-036.htm#en_us_publink1000218324Chapter 8Gains and Losses(p48) Capital Gains and Losses taxmap/pubs/p225-036.htm#en_us_publink1000272062IntroductionThis chapter explains how to figure, and report on your tax return, your gain or loss on the disposition of your property or debt and whether such gain or loss is ordinary or capital.