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
 
   
   
Leonard Digate Income Planning
506 West Marion Street • Prospect Heights, IL • 60070-1426
Phone: (847) 870-7070 • Fax: (847) 394-9346

Ausdal Financial Partners, Inc.
220 N. Main Street #400
Davenport, IA 52801
(563)326-2064
• leonarddigate@leonarddigate.com

CLICK HERE TO REQUEST AN ASSET ALLOCATION QUESTIONNAIRE



Leonard T. Digate is a Registered Representative of Ausdal Financial Partners, Inc. Securities offered through Ausdal Financial Partners, Inc. Member FINRA/SIPC 220 N.Main Street #400, Davenport, IA 52801 (563) 326-2064

Leonard Digate Income Planning and Ausdal Financial Partners are Independently Owned and Operated.

Privacy Policy