Do I have to pay taxes on my Smart Portfolio?
Smart Portfolios are structured as taxable personal accounts. This means that the tax implications for your Smart Portfolio are almost the same as those for your Personal Portfolio.
In general, investments sold at a gain will be subject to taxes on the difference in the purchase price and the sale price. The exact rate of taxation depends on the length of time the investment was held (whether it will qualify as a long-term or short-term gain), and your income tax level.
Another tax consideration lies in the Smart Portfolio rebalancing process. Rebalancing is the buying and selling of investments— it brings your portfolio back in line with the target mix that Stash recommends (based on your risk profile). [Learn more about rebalancing]
The rebalancing process is standard across the financial industry and may generate some taxable events in the short term—in order to keep your portfolio healthy for the long term.
Please consult a tax professional for any additional tax related questions.
Stash has full authority to manage a “Smart Portfolio,” a discretionary managed account.
Related questions View all Smart Portfolio
Q. Managing Your Stock-Back® Debit Card
Stash makes managing your Stock-Back® Debit Mastercard® easy. You can order a new card, activate your card, How can I order a new card? You can easily order a replacement Stock-Back® Card1 24/7 right from your Stash account.…
Q. Securities Lending
Securities lending is a kind of investment activity that allows whole-share owners of securities to earn extra income by loaning out their shares. Partial share owners are not eligible for securities lending. The owner of the whole-share (the lender) loans their securities to a financial institution,…
Q. Linking your External Bank Account with Micro-deposits
Looking for an easy way to transfer money on and off of Stash? Link your external bank account to your Stash account! There are two ways to link your external bank account to Stash: Login to your external bank account from the Stash website [learn more here] Request micro-deposits into your external bank account [keep reading below for more info] Micro-deposits are two small amounts (usually less than $0.50) that Stash deposits into your external bank account.…
Didn’t find your question?
Tell us what you’re looking for, and we’ll search for resources that could help.Ask your question
Fiduciary 101: Why it’s Our Job to be Your Advocate
It’s a big word that means a lot when it comes to handling your money. It defines a relationship built on trust and duty.