Capital Gains 101


I am new to this so please forgive my ignorance. I just sold $20K out of my Vanguard target retirement mutual fund and bought two stocks and one share in an ETF. I assume I owe capital gains on the sale?

How do I estimate what the taxes will be? I don't know what the price was when I bought in the mutual fund, and I bought over time so the price fluctuated. I didn't see any data on Vanguard about what I paid.

How do I estimate my tax liability? Pretend I'm your grandmother.


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