Will I Have To Pay Tax On The Sale Of My Investment

Categories: New/Updated, Taxation

(New) Calculating the tax impact of selling an investment can sometimes be complicated.  There are several questions to ask a client to ensure that the tax liability on the sale of an investment is calculated correctly.

To help make the conversation with clients easier, we have created the “Will I Have To Pay Tax On The Sale Of My Investment?” flowchart. It addresses some of the most common issues that arise for a client trying to understand the tax impact of selling an investment. This flowchart considers the following:

  • Capital gain versus capital loss
  • Long term versus short term
  • Tax rates
  • Medicare Surtax calculation

 

Updated: 6/15/2019