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Technology Stocks : E*TRADE IPO ALERT THREAD
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To: eDollar.com who wrote (10942)10/11/1999 5:57:00 PM
From: Keith J  Read Replies (1) of 15145
 
Just got alert r.e. commission rebates...had wondered about the tax consequences.....below: the fine print:

"NOTE: IRS regulations require E*TRADE to report commission rebates for non-retirement accounts in excess of $600 per year as miscellaneous income on a 1099-MISC form, subjecting them to income tax. However, we will continue to report the full original pre-rebate commission for each transaction."

KJ
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