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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 220.66+1.6%Nov 21 9:30 AM EST

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To: Dwight E. Karlsen who wrote (31208)12/26/1998 1:13:00 AM
From: KeepItSimple  Read Replies (3) of 164684
 
>Maybe it's the eggnog, but you're wrong on the date a gain is taxable. It's
>taxable on the date of the trade execution.

How can you be taxed on proceeds that you don't technically have yet?

I guess this is why I pay someone else to do my taxes. :)

(assuming i'm wrong- if anyone has any confirmation please feel free to speak up!)

gnite
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