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Get your taxes done using TurboTax
Ordinarily not. If you sold for a capital gain, you may owe capital gains tax, but it depends on the amount of the gain, and other income you have. Capital gains are taxed at 0%, 15% or 20%, depending on your income, and if the gain is sufficiently large, you would also owe the Net Investment Income Tax of 3.8% on part of the gain.
‎June 4, 2019
3:00 PM