Adjusted Net Capital Gains
Accounting glossary · Understand, connect, apply
Adjusted net capital gain is a specific US tax measure derived from net capital gain after adjustments for specified categories, including unrecaptured section 1250 gain and 28% rate gain; qualified dividends are included for relevant rate calculations.
Example
A tax worksheet separates eligible long-term gains from gains subject to special categories before applying the relevant calculation.
Remember the difference
It is not simply gains after any deduction. Use the applicable tax-year Schedule D and rate worksheets because the statutory categories and calculations matter.
Updated 3 November 2026. Examples are simplified for learning. Where a term depends on US law, IFRS, US GAAP or a historical rule, check the context explained above and the requirements relevant to your course.
Study references: OpenStax financial accounting and managerial accounting. For reporting requirements, consult the applicable IFRS Standards or FASB guidance. US tax terms should be checked against the relevant tax-year IRS instructions.
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