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About Bruce Julien
Expertise
I can answer questions on and raise issues clients overlook in the areas of Estate Planning as far as taxes and distribution flow problems, Asset Management as far as appropriateness of assets and allocations for a desired goal and the value a consumer gets for their costs, Tax Planning related to Income and Estates, and Insurance/Annuity questions particularly in light of suitability to the consumer.

Experience
I became a CPA in 1991 and began offering financial advice in 1992. I am a Registered Investment Advisor which means I sign off on putting clients' interests first in a fiduciary role.

Education/Credentials
BA in Accounting, University of Maryland 1990

 
   

You are here:  Experts > Business > Finance > Personal Investment & Financial Planning Q`s > Capital gains

Personal Investment & Financial Planning Q`s - Capital gains


Expert: Bruce Julien - 4/30/2009

Question
I am 71 yrs old
My income $ 16000
If I sell gold w/ a capital gain of $ 8000
What will be the rate on capital gains tax?

Answer
I'm not your accountant Ernesto who is who you should you consult.

If your income is $16k plus the $8k I'd expect you to pay nearly no tax anyway. Social Security would be zero taxable and if there isn't much else you should be clear

Check on it though - again, I don't do your taxes

Good luck

Bruce

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