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Taxes / understanding unrealized gain on taxable account

« on: January 02, 2020, 02:34:33 PM »

I have a taxable account where the statement says the unrealized gain is $12,000. If I cash out this account, is the $12,000 the total amount that the 1099 will show as income? This is my understanding, but I wanted to get some input before I sell, so I don't go over the ACA cliff. Thanks