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
 
   
   
Central Penn Advisors
176 Cumberland Parkway • Mechanicsburg, PA • 17055
Phone: (717) 591-1700 • Fax: (717) 591-9589
• dhamilton@centralpennadvisors.com bmusser@centralpennadvisors.com

Investment Advisor Representative of Investment Advisors, a Registered Investment Advisor and a division of ProEquities, Inc. Securities offered through ProEquities, Inc., a Registered Broker/Dealer, Member, FINRA and SIPC Central Penn Advisors is independent of ProEquities, Inc. Barry E. Musser is licensed to discuss with and/or offer financial services and/or products to residents of CA, FL, MD, NC, NJ, NY, OH & PA. David Hamilton is licensed to discuss with and/or offer financial services and/or products to residents of FL, NC, & PA.