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
 
   
   
PLN & Associates, Inc.
15400 Jennings Lane, Suite 300 • Bowie, MD • 20721
Phone: (301) 390-4635 • Fax: (301) 390-0442
• pnewton@cfiemail.com

Securities and advisory services offered through Centaurus Financial, Inc. a Registered Investment Advisor. Memeber of FINRA and SIPC.  Supervisory office: 801 Sycolin Road SE, Suite 302, Leesburg, VA 20175, 800-699-0299.  PLN & Associates, Inc. and Centaurus Financial, Inc. are not affiliated.  This is not an offer to sell securities, which may be done only after proper delivery of a prospectus and client suitability has been reviewed and determined.  Information relating to securities is intended for use by individuals residing in Maryland, Virginia, and Washington, DC.