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U.S. DEPARTMENT OF HOMELAND SECURITY U.S. Coast Guard CG -2015 (Rev. 02-10) EMPLOY PAY DELIVERY WORKSHEET Name (Last, First, MI) Permanent Unit Purpose: Use this form to indicate where you want your

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What is a CG?

A CG stands for Capital Gains, which refers to the profit gained from the sale of a capital asset such as stocks, real estate, or mutual funds.

Who is required to file a CG?

Individuals or entities who have realized capital gains during the tax year are required to file a CG. This includes individuals, corporations, partnerships, and estates.

How to fill out a CG?

To fill out a CG, you need to provide information about the capital asset sold, the purchase price, the sale price, and the holding period. You may need to use specific tax forms or software to accurately report your capital gains.

What is the purpose of a CG?

The purpose of a CG is to calculate the taxable income from the sale of capital assets and determine the amount of capital gains tax owed to the government.

What information must be reported on a CG?

On a CG, you must report details of the capital asset sold, such as its description, date of acquisition, date of sale, purchase price, sale price, and any associated costs or expenses.

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