Example
Input: $1k Buy, $2k Sell, 15%
Result: $150 Tax
Step-by-Step Guide
- 1 Buy
- Purchase price.
- 2 Sell
- Sale price.
- 3 Rate
- Tax bracket.
- 4 Owed
- Tax due.
What is Capital Gains Tax Estimator?
Determines tax owed on profit from selling assets like stocks or real estate.
⚠️ Financial Disclaimer: The results provided by this calculator are estimates for informational purposes only. Please consult a qualified financial advisor before making any financial decisions.
How it Works
1. State 'Buy Price'.
2. Specify 'Sell Price'.
3. Input 'Tax Rate' (Long/Short term).
4. View Tax.
FAQ
Long vs Short term?
>1 year is long term (lower rate); <1 year is short term (income rate).
What constitutes a gain?
Selling Price minus Purchase Price (Cost Basis).
Can losses offset gains?
Yes, tax-loss harvesting can reduce your bill.
Primary residence?
Often has a large exclusion ($250k/$500k).
When is tax due?
In the year the asset is sold.
Conclusion
Holding assets for over a year usually qualifies for lower long-term capital gains rates. This simple strategy can save you significantly compared to short-term trading.