Realized Capital Gains
with PNC Investments
How It Works
Selling a capital asset creates capital gains. How can I reduce my tax bill?
Things to know
Selling a capital asset after owning it for less than a year results in a short-term capital gain, which is taxed as ordinary income. Short-term capital gains are taxed just like your ordinary income. Ordinary taxes can be as high as 37%, depending on your tax bracket.
Things to know
Selling a capital asset after owning it for more than one year results in a long-term capital gain tax. Long-term capital gains are typically taxed at a rate lower than the ordinary income. More long-term capital gains will not cause your ordinary income to be taxed at a higher rate.
Working with PNC Investments
Neither PNC Investments nor your Financial Advisor provide tax advice. You should review your tax situation with your own independent tax professional to fully evaluate how you may benefit.
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Learn more about how PNCI’s Tax-Managed Resources can help you achieve your long-term investment goals in a tax-efficient way!
No service or strategy described here, will prevent the realization of taxable gains from your investments. The services or strategies seek to minimize the current impact of taxes on your account but will not eliminate the eventual realization of imbedded gains from your account. Frequent withdrawals from your account will increase the likelihood of the realization of taxable gains from your account. Additional fees, commissions, or trading charges related to tax management services or strategy may apply. There is no assurance that the benefits of tax management services or strategies will exceed applicable fees, commissions, or trading charges in any given year.
This material is meant to educate and not to provide legal, tax, accounting or investment advice. PNC Investments and its affiliates and vendors do not provide legal, tax or accounting advice.
Important Investor Information:
Brokerage and insurance products are:
Not FDIC Insured. Not Bank Guaranteed. Not A Deposit. Not Insured By Any Federal Government Agency. May Lose Value
Securities products and brokerage services as well as managed account advisory services to U.S. based clients are offered by PNC Investments LLC, a registered broker-dealer and a registered investment adviser and Member FINRA and SIPC. Managed account advisory services for non-U.S. based clients are offered by PNC Managed Account Solutions, Inc., a registered investment adviser. Annuities and other insurance products are offered through PNC Insurance Services, LLC, a licensed insurance agency (CA License #0B57695).
PNC Investments, PNC Insurance Services and PNC Managed Account Solutions do not provide legal, tax, or accounting advice.
This document provides information on additional compensation that PNC Investments receives from certain mutual fund companies, 529 plan program managers and insurance companies.
This document serves as the Retirement Account Customer Agreement for PNC Investments.
This document serves as the Brokerage Account Customer Agreement for PNC Investments.
This material does not constitute an offer or solicitation in any jurisdiction where or to any person to whom it would be unauthorized or unlawful to do so.
PNC Investments does not guarantee the performance of any investment. Investing results may vary. Investments may lose money. Diversification and asset allocation may not prevent a loss of investment.
PNC Investments LLC, PNC Insurance Services, LLC and PNC Bank, National Association are each affiliated with The PNC Financial Services Group, Inc.
Bank deposit products and services provided by PNC Bank, National Association. Member FDIC.