A capital gain is the increase in a capital asset’s value that is realized when the asset is sold. Examples of these assets include: Stock Bonds Collectibles Real estate Fine art Non-fungible tokens (NFTs) Cryptocurrency Vehicles Boats Jewelry Most types of assets are capital assets. The IRS taxes individuals on capital gains under specific circumstances. Short- and Long-Term Capital Gains Capital gains fall into two categories: Short-term: Gains realized on assets sold a