Jason W. asked

💰  Tax

I have a trust that I received about a month ago, which includes multiple stocks. I want to know how to determine which of the stocks would have the biggest tax responsibility when sold off. In other words, I want to sell off one of them to receive cash for a home improvement, but not if the tax liability would be really high. How do you determine which one to sell off, tax-wise?

January 3rd, 2023

Jenna K. answered

To determine which stock to sell with the least tax liability, you need to understand the concept of...

January 3rd, 2023

Sign Up to View Full Expert Answers

Create an account to view answers and interact with the community!

Sign Up with Email