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Strategies & Market Trends : The Amateur Traders Corner

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To: Tom Hua who wrote (5653)	1/26/2001 1:41:25 AM
From: chester lee	Read Replies (1) of 19633

Tom, another strategy is to make quarterly payments to the IRS. To gauge the size of the payment, I manage an excel spreadsheet with Year to date trading results. If it's positive with gains, I allocate a percentage to taxes 25 to 35%. Using this method, I'm never more than 1 quarters tax liability. Chester

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