SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 362.31-1.8%4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maurice Winn who wrote (50501)5/26/2009 10:37:48 PM
From: carranza2  Read Replies (2) of 217540
 
Mq, I don't understand.

Unless I am very mistaken, there can be no capital gains taxes on simple paper gains.

The capital gains are taxed in the year in which profits are monetized. Most prudent persons set aside enough of the gains to pay the taxes. Sounds like your friend failed to do that.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext