I'm reading the IRS website and it says: https://www.irs.gov/taxtopics/tc409 https://www.irs.gov/taxtopics/tc409 > When you sell a capital asset, the differen

I'm reading the IRS website and it says: https://www.irs.gov/taxtopics/tc409 https://www.irs.gov/taxtopics/tc409 > When you sell a capital asset, the difference between the adjusted basis in the asset and the amount you realized from the sale is a capital gain or a capital loss. Am I misinterpreting this?