Skip to main content
June 3, 2019
Solved

If I sell off stocks from a brokerage account in order to buy/refinance my home, will I still have to pay the taxes on the income earned from the stocks?

  • June 3, 2019
  • 1 reply
  • 0 views
No text available
Best answer by DoninGA

How the proceeds of the stock sale are used is not relevant.  If you have a gain then you will owe capital gains tax on the sale.

1 reply

DoninGA
DoninGAAnswer
Employee
June 3, 2019

How the proceeds of the stock sale are used is not relevant.  If you have a gain then you will owe capital gains tax on the sale.