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

3 Answers

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  • 2 months ago
    Favourite 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

  • 2 months ago

    It's based on when you sell.

    When, or if, you withdraw the money doesn't matter.

  • Judy
    Lv 7
    2 months ago

    when you sell ...............................

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