Capital Gains Taxes  

Knowing when to sell an asset is a difficult part of investing. Reasons for selling a stock, bond, or mutual fund may include:

  • Rebalancing a portfolio
  • Profit taking
  • Stopping further losses
  • A higher potential rate of return on an alternate investment
  • Cash needed for expenses

The tax consequences may be the most important part of your decision. Short-term gains are taxed at your highest marginal income tax rate, while long-term gains are taxed at lower long-term capital gains rates.

The calculator will estimate potential capital gains taxes. If you have owned the investment for 12 months or less, capital gains are considered Short-Term. If you have owned the investment for more than 12 months, capital gains are considered Long-Term.

     

What is the current value of the investment being considered for sale?

$

What is your cost basis? (What did you initially pay for the investment?)

$

What is your federal marginal income tax bracket?

Have you owned this investment for longer than 12 months?

YesNo
 
   
   
Modern-Wealth, LLC
5018 Dorsey Hall Drive, Suite # 204 • Ellicott City, MD • 21042
Phone: 410-528-9100 • Fax: 443-836-0388
• Jennifer@Modern-Wealth.com

Jennifer R. Lee is a Registered Representative and offers securities products & services through Royal Alliance Associates, Inc. Member FINRA/SIPC, a registered broker-dealer. In this regard, this communication is strictly intended for individuals residing in the states of MD, CA, DE, FL, MA, VA, NY, PA, IL, GA, . No offers may be made or accepted from any resident outside the specific state(s) referenced.

Securities and Advisory services offered through Royal Alliance Associates, Inc. Member FINRA/SIPC and a registered investment advisor. Modern-Wealth, LLC is not affiliated with Royal Alliance Associates, Inc and is not registered as a broker dealer or investment advisor.

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