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
 
   
   
Jack Oujo Cpa Inc.
1540 Highway 138, Suite 106 • Wall, NJ • 07719
Phone: 732-556-4200 • Fax: 732-681-4479
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Jack Oujo is a registered representative registered to transact business with clients in AL, AZ, CA, CO, DE, FL, GA, IN, IA, KY, MD, MA, MS, MO, NJ, NY, NC, OH, PA, SC, TX, VA and WI.  Jack Oujo is advisory licensed in the following states:  AZ, CA, FL, IL, IN, MD, MA, MO, NJ, NY, NC, PA, SC, TX, VA, and WI. Jack Oujo is also an insurance agent licensed in NC, NJ, NY and TX. If you are not a resident of the states noted above, all investment-related information on this site is for informational purposes only and does not constitute a solicitation or offer to sell securities or insurance services over the internet. Securities offered through H.D. Vest Investment ServicesSM, Member: SIPC, Advisory Services offered through H.D. Vest Advisory Services SM, 6333 North State Highway 161, Fourth Floor, Irving, TX 75038, 972-870-6000. Investments & Insurance Products are not insured by the FDIC or any federal government agency, are not deposits of or guaranteed by the bank or any bank affiliate, and may lose value.