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June 26, 2024
Question

Capital Gain

  • June 26, 2024
  • 1 reply
  • 0 views

I am a single head of household with very little income.  I bought NVIDIA in 2017. I'm thinking about selling some later in the year to diversify into an ETF that is also  tech, so sideways. Since my income is  below $40,000, will I have to pay Capital Gains and  how much can I sell before I've sold too much and will impose a Capital  Gains Tax?

Thank you,

Roo

 

1 reply

TeriH
June 26, 2024

good question!

TurboTax has a free online calculator that will let you run just that scenario and tweak it to your particular situation.  You'll need your filing status and the cost of the investment.  

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