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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 155.82-1.3%3:59 PM EST
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To: S100 who wrote (115470)3/13/2002 8:13:23 AM
From: Art Bechhoefer  Read Replies (2) of 152472
 
>>In Calif, no difference between long term and short term cap gains<<

Yes, but most states, California included, use the federal adjusted gross income amount as the basis for determining taxable income. And federal AGI includes an adjustment for long term capital gains.

Art
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