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
 
   
   
Fishman Financial Services
16605 Bethayres Road • Rockville , MD • 20855
Phone: 301 330-9455 • Fax: 301 330-2641
• lois@fishmanfinancial.com
The ideas and recommendations you may find here are generic in nature and are in no way representative of any personal recommendations for your situation. Consult with your financial advisor before making any changes in your finances.

We are Series 7 licensed to work with you in the following states: Maryland, District of Columbia, Virginia, Florida, New York, Pennsylvania, Ohio, North and South Carolina and Ohio.

Securities offered through H.Beck, Inc. Member FINRA/SIPC
11140 Rockville Pike, 4th Floor, Rockville, Maryland 20852

301 468-0100

Lois Fishman, CFP,CSA is a Registered Representative with H. Beck, Inc. which is not affiliated with Fishman Financial Services

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