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Don't sell them all? Or also sell some stocks or funds that have losses. If you sold them for a big profit you might want to send in an Estimated payment so you don't owe a lot when you file your tax return. If you owe too much tax due you may have to pay a penalty.
Forgot about penalties - makes sense to sell small amounts at a time.
Thanks.
the selling has to be done in different years. that means the value could rise more or even fall. since you say "we", I'm assuming you file a joint return.
For 2020, long-term capital gains and qualified dividends face the following tax rates:
0% to 15% tax rate if they fall below $80,000 of taxable income if married filing jointly,
Besides selling some other stock that has a loss, there is no way to avoid the capital gains tax.
If you sell stock at a loss, after 30 days, you could buy it back it you want to.
Within 30 days, your loss is disallowed.
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