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
 
   
   
Charest Company, LLP-Financial Planners
3662 Dauphin St. Suite A-1 • Mobile, AL • 36608-1217
Phone: 251-343-7715 • Fax: (251) 343-7725
• info@charestandcompany.com

No part of this communication should be construed as an offer to sell any security or provide investment advice or recommendation.  Securities offered through ProEquities, Inc. will fluctuate in value and are subject to investment risks including possible loss of principal. Please be advised that presently representatives of Charest Company, LLP hold licenses in AL, TN, CO, FL, GA,  IN, MS. OH, SC, TX.  For residents of other states in which registration is not held, proper licenses and registrations mubt be obtained by Charest Company, LLP before proceeding furthur.

 

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