Download our Flowchart: Will I Have To Pay Tax On The Sale Of My Investment?

Determining the tax impact of selling an investment can sometimes be complicated. There are several questions that must be answered to ensure that the tax liability on the sale of an investment is calculated correctly. To help make this analysis 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 status | Tax brackets and applicable rates | Medicare Surtax calculation