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 less than 12 months, 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
 
   
   
Asset Management Systems, Inc.
8801 N. Main Street, Suite 101 • Dayton, OH • 45415-1380
Phone: (937) 898-8433 • Fax: (937) 454-0110
www.assetmgtsys.com • Jay.McClellan@jwcemail.com

Asset Management Systems, Inc. (AMS) is independent of J.W. Cole Financial Inc.          Jay McClellan has clients in more than a dozen states, however he is currently licensed to offer new securities products in OH, AZ and TN. Other states are available, but require a client relationship to be established and licensing approval for that state prior to conducting any new securities business in that state. Securities offered through J.W. Cole Financial, Inc. Member FINRA/SIPC Advisory services offered through Jonathan Roberts Advisory Group, Inc.

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