America On-Line (AOL) Message Board

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Technology Stocks : America On-Line (AOL)

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To: DepyDog who wrote (7545)	3/22/1999 11:38:00 PM
From: Boplicity	Read Replies (1) of 41369

Yes the fed wants your money on capital gains (profit from the sale of stocks), but you have to sell the stock first before they get it. If you hold it longer then 12 months then you will pay less to them. The only way you can get away from paying taxes on capital gain after you sell your stock is to have a Roth IRA. I hate Roth IRA since I can't have one since I have no earn income, I have only capital gains. <gg> I would love to get my hands on a roth IRA. To find everything that you where afraid to ask about the IRS taking away our money hit the url below. irs.ustreas.gov Greg

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