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
 
   
   
Lichtenstein Financial, LLC
25 New London Turnpike • Glastonbury, CT • 06033
Phone: 860-633-1662 • Fax: 860-657-9398
www.LichtensteinFinancial.com • staff@lichtensteinfinancial.com

 

25 New London Turnpike

Glastonbury, CT 06033

(Main Office)

44 Walbridge Road

West Hartford, CT 06119

110 Randolph Road

Middletown, CT 06457



*ADMITTED TO PRACTICE BEFORE THE INTERNAL REVENUE SERVICE     MEMBER/ASSOCIATE: NSPAuNAEAuCSEAuNATP

  ENROLLED AGENT ACCREDITED TAX ADVISOR

Securities offered through Securities America, Inc. Member FINRA/SIPC, Brian Lichtenstein, Registered Representative. Advisory Services offered through Securities America Advisors, Inc. An SEC Registered Investment Advisor, Brian Lichtenstein, Investment Advisor Representative. The Securities America companies are not affiliated with Lichtenstein Mortgage LLC, Lichtenstein Tax Consultants LLC or Lichtenstein Financial LLC.