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.
Have A Question About This Topic?
Related Content
Retirement Income and the Traditional Portfolio
Experiencing negative returns early in retirement can potentially undermine the sustainability of your assets.
Saving for College 101
Here's a crash course on saving for college.
Managing Money as a Couple
Keys to preparing to grow wealthy together.