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
 
   
   
Whitlock Financial Services, Inc. an Independent Firm
6 Davis Keats Drive • Greenville, SC • 29607
Phone: (864)-234-6580 • Fax: (864)-234-6588
• Mickey.Whitlock@raymondjames.com Brent.Whitlock@raymondjames.com

Whitlock Financial Services is an independent firm.  Securities offered through Raymond James Financial Services, Inc. Member FINRA/SIPC.

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Information and interactive calculators are made available to you as self-help tools for your independent use.  The accuracy of this calculator and its applicability to your circumstances is not guaranteed.  You should obtain personal advice from qualified professionals.  The information provided is not specific investment advice, a guarantee of performance, or a recommendation.  Rates of return will vary over time, particularly for long-term investments.  Investments offering the potential for higher rates of return also involve a higher degree of risk.  Actual results will vary.