Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: chic_hearne who wrote (102951)	4/8/2000 9:18:00 AM
From: steve harris	Read Replies (3) of 1575901

chic re:taxes-"Right now, I'm working on a way to roll my April options in to July/October/Jan options. I have to come up with the best way to avoid taxes this year." How can you avoid paying taxes by rolling options into later dates? A gain on a sale is taxable is it not, even if you buy back similar or identical assets? If you exercise options or get them exercised against you, you an add (or deduct) their value into the stock you gained, but that is the only tax delay I know of. Bill Jackson I think mentioned in Canada you can sell a stock and buy it back within a certain time frame and carry/defer the gains, but not here in the states. Did I misunderstand? steve

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