Taxes should not drive investment decisions, but understanding the tax consequences of selling an investment can provide some much-needed insight. Use this calculator to better understand the difference between short-term and long-term gains and to get an idea of what you might owe. Also, don't forget that state taxes may be due as well.

Inputs

These are example values based on hypothetical averages.

$0 $500,000
$0 $500,000

Results

$0
$0

Visual Breakdown

Did the numbers surprise you, or were they in line with what you expected? If you have any questions, such as how to pay any taxes due, please reach out. Having a strategy in place before making a decision can help you remove some of the guesswork.

This calculator is for informational purposes only and is not a replacement for real-life advice. Consult your tax, legal, and accounting professionals if you have specific questions about long- and short-term capital gains.

 

Related Content

What to Look for in Personal Finance Apps

What to Look for in Personal Finance Apps

An increasing number have been developed to help individuals with their personal finances.

The Pros and Cons of an NUA Strategy

The Pros and Cons of an NUA Strategy

Learn the advantages of a Net Unrealized Appreciation strategy with this helpful article.

Test Your Life Insurance Knowledge

Test Your Life Insurance Knowledge

How much do you know about one of the most important tools you have to help protect your and your family’s financial future?