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Level 15
Level 15

Investors & landlords

Capital gains are taxed when you sell an investment. It doesn't matter whether you leave the money from the sale in the brokerage account, reinvest it, or withdraw it. It's the sale that triggers the tax.


At the end of the year Edward Jones will send you a statement or report showing your sales during the year. The statement is a substitute for IRS Form 1099-B. You will use the information from that statement to report your investment sales on your tax return.