Will I Have to Pay Taxes on the Sale of My Investment?
Will I Have to Pay Taxes on the Sale of My Investment?
In this video, we go through a simple flowchart to determine whether you’ll owe taxes when you sell an investment. Understanding your tax responsibility starts with three key questions:
What type of account is your investment in—taxable, tax-deferred, or tax-free?
What was the purchase price vs. sale price (your gain or loss)?
How long did you own the investment before selling?
Each of these factors can affect whether capital gains taxes apply, and at what rate. For example, long-term gains are often taxed more favorably than short-term ones, and some accounts may allow you to defer or even eliminate tax liability altogether.
🎯 Click here to download the flowchart and follow along step by step.
🎥 Watch the video above for a quick, clear explanation from Randa Hoffman.
RADIANT Wealth Planning, LLC is a fee-only financial planning and investment management firm located in Newport Beach, CA. We specialize in helping clients understand the “why” behind their financial decisions.
Welcome to our videos where we share tips and advice on all topics that help women meet their financial goals.
About the Author
Randa Hoffman is the owner and financial planner at Radiant Wealth Planning, a fee-only financial planning and investment management firm exclusively for women. She helps ease the uncertainty around retirement, tax planning, and transitioning wealth so that women can live a life they’ve always dreamt of. She holds an MBA and EA and lives in Newport Beach, CA.
