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
 
   
   
Palette Financial Group
909 Garnet Cove • Oak Point, TX • 75068
Phone: 214-912-6261 • Fax: 972-292-1927
www.palettefinancial.com • dpainter@aicinvest.com

This is not an offer of securities in any jurisdiction, nor is it specifically directed to a resident of any jurisdiction. As with any security, request a prospectus from your registered representative . Read it carefully before you invest or send money. Securities products are limited to residents of Colorado, Georgia and Texas. A representative from Palette Financial Group will contact you to provide requested information. Securities and advisory services offered through Ameritas Investment Corp.(AIC). Member FINRA/SIPC. 5900  O St. Lincoln, NE. 68510 (402)467.6900. AIC and Palette Financial Group are not affiliated. Representatives of AIC do not provide tax or legal advice. Please consult your advisor or attorney regarding your situation.