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
The Financial Literacy Crisis
Many Americans are operating their personal finances with only the barest minimum of knowledge.
Earnings for All Seasons
Earnings season can move markets. What is it and why is it important?
Money that Buys Good Health is Never Ill Spent
It's important to make sure your retirement strategy anticipates health-care expenses.