CalcToolVault

Stock Sale Tax Calculator

Work out the tax on a specific stock sale from share count, purchase price, sale price, and holding period.

Your details

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Your situation

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This calculator runs entirely on your device. Nothing you enter is uploaded, stored, or sold. How this works

Tax on this sale

$3,214

Net $33,836 in your pocket from $37,050 of proceeds

Save these results

Includes your inputs, the full breakdown, and every row of the table.

Capital gain

$21,425

137.1% return on cost

Federal tax

$3,214

15% long-term rate

Effective tax on the gain

15.00%

Tax if sold short-term

$5,142

You saved $1,928

Breakdown
Proceeds (250 × $148.20)
$37,050
Cost basis (250 × $62.50)
- $15,625
Capital gain
$21,425
Federal capital gains tax
$3,214
Total tax
$3,214
Net after tax
$33,836

What this means

  • Long-term treatment requires holding more than one year from the trade date, counting from the day after purchase.
  • If you bought in multiple lots, you can choose which lot to sell. Specific identification usually beats the default FIFO method — tell your broker before the trade settles.

How the stock sale tax calculation works

A stock sale produces a capital gain or loss equal to proceeds minus cost basis. Basis is what you paid plus commissions, adjusted for reinvested dividends, stock splits, return-of-capital distributions, and — for equity compensation — the amount already reported as W-2 income.

Lot selection is the most underused tax lever in a brokerage account. If you accumulated shares over years, selling your highest-basis lots realizes the smallest gain. Brokers default to first-in-first-out, which for a long-held winner is exactly the worst choice.

Frequently asked questions

How is cost basis calculated?

Purchase price times shares, plus commissions. Reinvested dividends create new lots with their own basis. Stock splits divide the per-share basis without changing the total.

What if I have a loss?

Losses offset gains of the same character first, then the other character, then up to $3,000 of ordinary income per year. Anything left carries forward. Watch the 30-day wash sale window if you plan to buy back in.

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Disclaimer. This calculator is provided for general information and educational purposes only and does not constitute financial, tax, legal, medical, or engineering advice. Results are estimates based on the inputs you provide and the assumptions described above. Confirm any figure with a qualified professional before acting on it.