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
 
   
   
Cost Efficient Investment and Financial Planning - Latitude Financial Group
2150 West 29th Avenue, Suite 320 • Denver, CO • 80211
Phone: 720.881.8741 • Fax: 720.881.8786
• partners@latitudefinancialgroup.com

Criteria for the Newsweek and Denver Magazine awknowledgement was taken from The National Association of Board Certified Advisory Practices' (NABCAP) Premier Advisors List.  NABCAP specifically ranked advisory practices using the following criteria: market affluence, team dynamics (who comprises the team), years of experience, credentials/designations, minimum investable assets to become a new client, planning philosophy, investment philosophy, risk philosophy, typical percentage of alternative investment ownership, fee/cost structure, customer service model, U4/ADV status.  NABCAP has not released the number of practices measured in their survey.  Latitude Financial Group, LLC was charged a fee to participate in the survey.

FIVE STAR Wealth Manager Best in Client Satisfaction (2009 and 2010) exclusive recognition awarded by Crescendo Business Services, includes less than 7 percent of wealth managers in the local area and reflects those scoring highest in client satisfaction. Wealth managers were identified by surveys conducted with consumers and financial professionals, and evaluated across nine attributes: customer service, integrity, knowledge/expertise, communication, value for fee charged, meeting financial objectives, post-sale service, quality of recommendations, and overall satisfaction. Favorable and unfavorable evaluations are included in the score. Each wealth manager is reviewed for regulatory actions, civil judicial actions, and customer complaints. Wealth managers do not pay a fee to be included in the research or final list. Scores reflect an average of all respondents and may not be representative of any one client's evaluation.  Working with a recipient of one of the aforementioned awards does not guarantee investment success. 

Securities offered through Securities America, Inc., a Registered Broker/Dealer, Member FINRA / SIPC Advisory services offered through Securities America Advisors, Inc., an SEC Registered Investment Advisory Firm. Scott Cody, Daniel Grote, Dustin Tidwell Representatives Latitude Financial Group and Securities America are unaffiliated. Securities licensed in: CO, WY, NM, NY. AL, IL, VA, WA.  Insurance Licensed in CO, WY,  IL, NY, VA. Advisory Licensed in CO, WY, NM, NY.