Income and Investments Capital Gains Tax Calculator Read the Article Open Share Drawer Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window)Click to print (Opens in new window) Written by TurboTaxLisa Modified Apr 28, 2022 2 min read When stock market prices took a dive at the beginning of COVID-19, millions of people jumped into the stock market to take advantage of the low prices and millions also sold stock for the first time last year. Many of them making huge gains on their sales. Are you one of the lucky investors? If so, you probably have some of the top questions we hear like, “How much will my stock sales be taxed?”, “What is a capital gain or loss?”, and “What is the difference between short term versus long term gains?” Check out our free Capital Gains Interactive Calculator, that in just one screen, will answer your burning questions about your stock sales and give you an estimate of how much your stock sales will be taxed and much more. To help you with your tax planning you can also find out if you have a capital gain or loss and compare your tax outcome of a short term versus long term capital gain, whether you already sold or you are considering selling your stock. At tax time, TurboTax Premier will guide you through your investment transactions, allow you to automatically import up to 10,000 stock transactions at once, and figure out your gains and losses. You can also connect live via one way video to a TurboTax Live Premier tax expert with an average 12 years experience to get your questions answered along the way or be matched with the right TurboTax Live Premier Full Service tax expert experienced in your specific tax situation who can also do your taxes from start to finish. *Note, our Capital Gains Interactive Calculator is for estimation purposes only and does not include all investment and stock situations. In most cases the cost of stock is the amount you pay for it. Cost of stocks sold or acquired through inheritance, gift, ESPP, or RSUs use different costing methods that are not covered in our Capital Gains Interactive Calculator. Written by Lisa Greene-Lewis Lisa has over 20 years of experience in tax preparation. Her success is attributed to being able to interpret tax laws and help clients better understand them. She has held positions as a public auditor, controller, and operations manager. Lisa has appeared on the Steve Harvey Show, the Ellen Show, and major news broadcast to break down tax laws and help taxpayers understand what tax laws mean to them. For Lisa, getting timely and accurate information out to taxpayers to help them keep more of their money is paramount. More from Lisa Greene-Lewis Follow Lisa Greene-Lewis on Twitter. One response to “Capital Gains Tax Calculator” love the Capital Gains and Losses, Tax Calculators, Thank you Turbo Tax Browse Related Articles Friends with Tax Benefits: So You’ve Got a Side Hustl… Income and Investments Recent Grad? Here are Four Reasons to Start Saving Now … Investments What is a Bear Market and What Does it Mean to You? 401K, IRA, Stocks I Started Investing This Year, What Do I Need to Know C… Income and Investments Cryptocurrency Tax Calculator Tax Refunds How to Turn Money Into More Money Life Listen Now: So You’re Buying a Car? TurboTax News TurboTax and CoinTracker Partner to Help You Seamlessly… Tax Planning The Tax Deadline is Approaching: Tips to File on Time!