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
 
   
   
Fichter Wealth Management, Inc.
25 California Drive • Williamsville , NY • 14221
Phone: (716) 631-3232 ext.501 • Fax: (716) 631-3822
• Richard.Fichter@securitiesamerica.com

Licensed to offer securities products in: AZ, CA, CO, CT, FL, GA, IL, IN, KS, KY, MA, MD, MI, MN, MO, NC, NH, NJ, NV, NY, OH, PA, SC, TN, TX, and VA. Licensed to offer insurance products in: AZ, FL, IN, KS, MN, NC, NH, NJ, NY, OH, PA, and VA. Licensed to offer advisory services in NY.

Securities offered through Securities America, Inc., member FINRA/SIPC and Advisory services offered through Securities America Advisors, Inc, Richard N. Fichter, Jr. and Richard N. Fichter, III, Representatives. Fichter Wealth Management, Inc. and Securities America are seperate companies.