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

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To: jlib who wrote (844)4/26/1999 2:06:00 PM
From: LakesideTrader  Read Replies (1) of 1383
 
Wonder if anyone could answer a quick tax question or refer me to someone who can. If a person is considered a "trader" is that person still eligible for a 20% tax on long term capital gains or is all income treated as regular income and subject to the higher tax rate?
Thanks!
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