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
How Compound Interest Works
Explore how compound interest can grow your money over time with this interactive tool.
What Smart Investors Know
Savvy investors take the time to separate emotion from fact.
Is a Variable Annuity Right for Me?
Pundits go on and on about how “terrible” or “wonderful” annuities are, but they never talk about if annuities are right.