rjs
Level 15
Level 15

Retirement tax questions

The answer to your question depends on whether the capital gains are short-term or long-term, as well as other factors. I suggest that you use TaxCaster to see the effect of different amounts of capital gain. In the "Other income" section you can enter various amounts of Social Security benefits and short-term and long-term capital gains and immediately see the amount of tax you would owe, if any.