How does capital gains tax work?
I’m curious to know if I have to pay capital gain tax based on when I sell the stock or when I withdraw the money
- Karen LLv 72 months agoFavourite answer
Based on when you sell the stock. The money is yours once you sell the stock, whether you leave the proceeds of the sale in a brokerage account or withdraw it from the account
- StephenWeinsteinLv 72 months ago
It's based on when you sell.
When, or if, you withdraw the money doesn't matter.
- JudyLv 72 months ago
when you sell ...............................