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
 
   
   
DERRICK FINANCIAL GROUP - Insurance, Investments, Financial Services
1831 Forest Dr Suite K • Annapolis, MD • 21401
Phone: 301-261-1595 or 410-263-9708 • Fax: 410-263-2709
• charles_l_derrick@glic.com

Charles Richard Derrick, Registered Representatives of Park Avenue Securities, LLC (PAS).  Securities products and services are offered through PAS, 954 Ridgebrook Road, Suite 300, Sparks, Md.  21152, 410-828-5400.  Field Representatives, The Guardian Life Insurance Company of America, New York, New York.  PAS is an indirect, wholly-owned subsidiary of Guardian.  Derrick Financial Group is not an affiliate or subsidiary of PAS or Guardian. 

Stephen Lee Derrick and Charles Lee Derrick, Registered Representatives and Financial Advisors of Park Avenue Securities, LLC (PAS).  Securities products/services and advisory services are offered through PAS, a registered broker-dealer and investment advisor, 954 Ridgebrook Road, Suite 300, Sparks, Md.  21152, 410-828-5400.  Field Representatives, The Guardian Life Insurance Company of America, New York, New York.  PAS is an indirect, wholly-owned subsidiary of Guardian.  Derrick Financial Group is not an affiliate or subsidiary of PAS or Guardian. 

PAS is a member FINRA, SIPC.

The information on this site is intended for the residents of DC, KY, MA, MD, ME, NC, PA, and VA.  The financial representatives of Derrick Financial Group are not licensed to sell insurance in all 50 states.  To find out if an agent is licensed in your state, please contact Lee Derrick at 410-263-9708.

Registered Representatives securities licensed in DC, KY, MA, MD, ME, NC, PA, and VA.  This website is strictly intended for individuals residing in those states.  No offers may be made or accepted from any resident outside these specified states.

 

Neither Guardian, nor its subsidiaries, agents or employees provide tax or legal advice.  You should consult your tax or legal advisor regarding your individual situation.

 

The Living Balance Sheet ® and the Living Balance Sheet ® Logo are registered trademark of The Guardian Life Insurance Company of America (Guardian), New York, NY.  The graphics and text used herein are the exclusive property of Guardian and are protected under U.S. and International copyright laws.

Copyright 2005-2011, The Guardian Life Insurance Company of America.

The information or opinions contained in this Internet site should not be construed by any consumer and/or prospective client as an offer to sell or the solicitation of an offer to buy any particular investment product. The information contained herein is directed solely to those individuals who reside in jurisdictions in which the representative is registered in the state where the consumer and/or prospective client reside. Any subsequent direct communication with a consumer and/or prospective client shall only be conducted by a representative that is registered in the state where the consumer and/or prospective client reside.

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