Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Jun 26, 2024 11:26:35 AM

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

 

0 1 4995
1 Replies
Expert Alumni
Jun 26, 2024 11:31:47 AM

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.