Tax implications of selling one etf for a dividend etf?

Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you guys go about having a dividend etf without a huge tax bill.

This is assuming it’s a taxable brokerage account and you’re 5 years from retirement.

submitted by /u/mike4674
[link] [comments] https://www.reddit.com/r/stocks/comments/179ea95/tax_implications_of_selling_one_etf_for_a/
Created 1y | Oct 18, 2023, 1:50:53 AM


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