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

The Sequence of Returns

The Sequence of Returns

A look at how variable rates of return impact investors over time.

Immediate vs. Deferred Annuities

Immediate vs. Deferred Annuities

Looking forward to retirement? It's critical to understand the difference between immediate and deferred annuities.

Behavioral Finance

Behavioral Finance

An amusing and whimsical look at behavioral finance best practices for investors.