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
 
   
   
Anthonisen Financial Corporation
18708 Dixie Highway • Flossmoor, IL • 60422
Phone: 708-957-2121 • Fax: 708-957-2154
• afc@afcadvisory.com

Lois Anthonisen is a Registered Representative of and offers securities & advisory  services through Royal Alliance Associates, Inc. Member FINRA / SIPC, a registered broker-dealer. In this regard, this communication is strictly intended for individuals residing in the states of AL, AR, AZ, CA, CO, DC, FL, GA, IA, IL, IN, KY, MA, MD, MI, MN, MO, MS, MT, NC, ND, NJ, NV, NY, OH, PA, SC, TN, TX,  VA, WA, WI, and WY. No offers may be made or accepted from any resident outside the specific states referenced.

Nick Markionni is a Registered Representative of and offers securities & advisory services through Royal Alliance Associates, Inc. Member FINRA / SIPC, a registered broker-dealer. In this regard, this communication is strictly intended for individuals residing in the states of AL, AZ,  CO,  FL,  IA, IL, IN,  OH,  and WI. No offers may be made or accepted from any resident outside the specific states referenced.    

Lois Anthonisen and Nick Markionni offer additional services through AFC Advisory, a registered investment advisor, not affiliated with Royal Alliance Associates, offering advisory services in the states of IL and IN. As such, these services are strictly intended for individuals residing in IL and IN.

IMPORTANT CONSUMER INFORMATION:
A broker-dealer, investment adviser, BD agent, or IA rep may only transact business in a state if first registered, or is excluded or exempt from state broker-dealer, investment adviser, BD agent or IA rep registration requirements, as appropriate. Follow-up, individualized responses to persons in a state by such a firm or individual that involve either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made without first complying with appropriate registration requirement, or an applicable exemption or exclusion.

For information concerning the licensing status or disciplinary history of broker-dealer, investment adviser, BD agent, or IA rep, a consumer should contact his or her state securities law administrator.