Reddit Investing

Cashing Out an Index Fund (tax implications for non-retirement account)

Is there a way to determine how much taxes you’ll have to pay for cashing out an index fund from a non-retirement account? Sorry if this seems elementary. I’ve been putting money into various index funds, but never really understood the tax process. I always filled out the right forms and did everything carefully. I never understood how much I’d have to pay. For example, if I have two index funds with a total value of 50K, what are the tax implications for cashing this out.

Obviously, there is a hit for doing this in a non-retirement account vs retirement account (ROTH IRA). Please educate me.

Thank you.

Cashing Out an Index Fund (tax implications for non-retirement account) – RobinHood – Reddit Feed


View Reddit by zertox3000View Source

reddit investing reddit stocks reddit stock market make money online reddit r investing
stash invest reviews stash invest stash app review reddit forex investing reddit betting




reddit make money
betterment reddit
best savings account reddit
reddit make money from home
stash invest app
what is stash invest
reddit stock price
earn money online reddit
reddit money
stash investment app review
reddit penny stocks

About the author

reddit personal finance

Leave a Comment