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
 
   
   
Lighthouse Financial Strategies
8725 Rosehill Road
Suite 320		 • Lenexa, KS • 66215
Phone: Jim 913-322-0006
Phone: Rick 816-537-5148
Phone: Gardner 913-322-0006
 • Fax: Jim 913-322-0007
Fax: Rick 816-537-9964
Fax: Gardner 913-322-0007
• jguyot@LighthouseStrategies.com
rbain@LighthouseStrategies.com
glee@LighthouseStrategies.com

Investment Advisory Services are provided through Creative Financial Designs, Inc., a Registered Investment Advisor.  Securities are offered through CFD Investments, Inc., member FINRA/SIPC, 2704 South Goyer Road, Kokomo, IN 46902 (765) 453-9600.  Lighthouse Financial Strategies is not a subsidiary of nor controlled by Creative Financial Designs, Inc., nor CFD Investments, Inc.