Selling stocks, bonds, or fund shares at a profit could have implications for your wallet beyond simply increasing its content. An article from Hartford Funds, 10 Things You Should Know About Capital Gains, may answer some of your questions such as; Do you know the difference between capital gains and capital-gains distributions? What are possible tax implications of capital-gains distributions in retirement accounts vs. non-retirement accounts? How are dividends different from capital gains?
For more information on capital gains, stop by or call for an appointment with John to help you with any questions! As always, consult a qualified tax or legal professional regarding your specific legal or tax situation.