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Strategies & Market Trends : IRS, Tax related strategies--Traders

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To: Rick who wrote (274)4/22/1998 11:01:00 PM
From: Don Roberts  Read Replies (2) of 1383
 
Personally, I wouldn't make quarterly contributions or have anything withheld ... what if you do great all year, but the last month or 2 lose everything? Then you overpaid for the year! I would just calculate your gains and how much you have to pay on Dec. 31st, and put that money in a CD or money market account till April 15th. That way it is safe, and you are earning interest before you have to pay.

Hope this helps.

Don
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