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Rooie
Level 1

Capital Gain

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

 

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‎June 26, 2024 11:26 AM
last updated ‎July 30, 2024 11:28 AM
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TeriH
Employee Tax Expert
Employee Tax Expert

Capital Gain

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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‎June 26, 2024 11:31 AM
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