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
Women and Financial Strategies
Most women don’t shy away from the day-to-day financial decisions, but some may be leaving their future to chance.
Credit Card Payoff
Find out how long it may take to pay off a credit card balance and what it costs in interest.
A Primer on Dividends
A company's profits can be reinvested or paid out to the company’s shareholders as “dividends."