Liquidating positions in a JTWROS & IRA

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Taxes

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Hi Team, Please help me out with these two scenarios i'm about to face. I have a JTWROS account that has been invested in the Federated Strategic Value portfolio since 09/29/15, and it's currently up 10.09%; and I also have my IRA that has been invested in the Astor Long/Short Balanced portfolio since 09/24/15, currently up 7.14%. I would like to move both accounts into cash and ride out the election, and maybe get back in the game Q2 2017. Will I have to report any long-term capital gains when I do my taxes next year?

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Sr_Muchas_Gracias

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Posted: 8 years ago
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