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
 
   
   
Boda Financial Group, Inc.
2913 Corporate Circle, Suite 100 • Flower Mound, TX • 75028
Phone: 972.355.4411 • Fax: 972.355.2575
• jerry@bodafinancial.com

 

 

 Jerry Boda is a Registered Principal offering securities through SagePoint Financial, Inc., (SPF), a registered broker-dealer member FINRA/SIPC. Advisory services offered through Boda Financial Group Inc., a registered investment advisor not affiliated with SPF. This communication is strictly intended for individuals residing in the states of Texas (TX), Arkansas (AK), Arizona (AZ), California (CA), Kansas (KS), Louisiana (LA), Missouri (MO), Oklahoma (OK), Michigan (MI), North Carolina (NC), and Tennessee (TN). No offers may be made or accepted from any resident outside the specific state(s) referenced.

** Five Star Award is presented to 7% of wealth managers with five years of experience in the financial services industry. The final list identifies the wealth managers, of those evaluated, in the local market that score highest in client satisfaction. Each wealth manager was reviewed for regulatory actions, civil judicial actions and customer complaints. Details of the award can be viewed at www.fivestarprofessional.com/wmresearch

Third-party rankings and recognitions from rating services or publications are no guarantee of future investment success. Working with a highly rated advisor does not ensure that a client or prospective client will experience a higher level of performance or results. These ratings should not be construed as an endorsement of the advisor of any client nor are they representative of any one client's evaluation.

This website was wholly or partially sponsored by SunAmerica Retirement Markets, Inc.