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multigraincracker

(36,823 posts)
Sun Apr 27, 2025, 09:09 AM Apr 2025

Capital Gains tax question. [View all]

Trying to come up with a ball park figure on taxes from the long term gains. Want to sell about $150 worth of stock. Long term gains will be around 100K. Our taxable income last year was in the 40 to 50 taxable income.
My guess is it will cost me about $15k in Capital Gains. After I sell this house I plan to start buying back stocks. Am I close?

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Capital Gains tax question. [View all] multigraincracker Apr 2025 OP
The capital gains calc might help.... walkingman Apr 2025 #1
Just what I needed. multigraincracker Apr 2025 #5
Closer to $20k is my guess. mahatmakanejeeves Apr 2025 #2
You are right that it would be 15% edhopper Apr 2025 #3
Are filing jointly or individually? onenote Apr 2025 #4
That is kind of what I was guessing. multigraincracker Apr 2025 #6
I'm also think our taxable will be under that $96,700. multigraincracker Apr 2025 #7
I suggest you spend a few minutes with an accountant. PoindexterOglethorpe Apr 2025 #8
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