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Do I have to pay capital gains taxes on international investments if I live in the US?


I am planning on making some investments outside the country (stock market investments). Can I access the profits while living in the US or will I have to pay capital gains taxes on it? If so, how much will I have to pay say for $10,000 in profits?

all Americans are subject to capital gains taxes on all their gains, no matter where the gain occurs.

so, yes -- you will have to pay.

15% long term capital gains tax is the current rate.
you may get a credit for taxes paid to the other country; for example, Canada taxes the gains foreigners make in Canada at 15%, the the net effect is that an American pays the higher of the US or Canadian rate.

just follow the instructions of your income tax forms. If the stock was sold in the tax year, you will probably report the gain or loss on Schedule D.

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